A golden cross is a bullish chart pattern used by traders and investors where a short-term moving average crosses a long-term moving average from below.  ( 24 min )

Although they are often confused and may be used interchangeably, the terms commodity and product are very different.  ( 21 min )

While you don’t have a say in who your student loan servicer will be, you should be able to easily find out who they are. Here’s what you need to know.  ( 23 min )

Whole life insurance is permanent life insurance that pays a benefit upon the death of the insured and is characterized by level premiums and a savings component.  ( 30 min )

There are differences between a bond's yield rate and its coupon rate. The coupon rate influences market price and the market price influences yield.  ( 21 min )

Learn about the methods that criminals use when they are looking to launder money and how the government seeks to prevent them.  ( 24 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 18 min )

Newmont Corporation, the world’s biggest gold mining company, missed profit expectations for the second quarter as lower production and gold prices weighed on profitability.  ( 17 min )

Interest rates can have a complicated ripple effect through financial markets. Learn more about how they specifically impact the stock market.  ( 28 min )

Here's how Sling TV works. Sling TV streams live channels, including sports, and can be a great deal for cord-cutters.  ( 19 min )

An origination fee is an upfront fee charged by a lender to process a new loan application. It acts as compensation for executing the loan.  ( 25 min )

Open an account with one of these listed companies to receive its brokerage account promotions, but be sure it's the right account for your needs.  ( 23 min )

Marcus by Goldman Sachs only offers a few account types, but what it does offer, it does well. Learn how you can benefit from its online high-yield savings account.  ( 21 min )

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Annual pay raises can help workers keep up with the rising costs of goods and services in an economy. But when prices increase faster than wages, a pay bump can end up feeling more like a pay cut. This was the case for many workers over the last few years when inflation dwarfed wage growth. […] The post These Careers Had the Highest Pay Bumps, While Others Fell Behind – 2023 Study appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

If you keep money in a regular savings account you will generally owe federal income taxes on the interest that is earned. You'll pay taxes at your regular rate the year interest is earned, whether or not you withdraw from … Continue reading → The post How to Avoid Tax on a Savings Account appeared first on SmartAsset Blog.  ( 9 min )

Retirement can seem like a faraway goal until all of a sudden, it's not. When you only have a few years left until you retire, the financial decisions you make take on a new importance. Once you're inside the five-year window, that's a good time to review your plan to make sure you're on track. […] The post How to Master the Last 5 Years Before Retirement appeared first on SmartReads CMS - SmartAsset.  ( 10 min )

Despite your best planning and efforts to prepare for retirement, you're still likely to encounter some kind of unexpected challenges after you stop working. According to Charles Schwab, there are five retirement surprises, which might come as a financial shock to many older workers. However, if you're prepared, you can avoid allowing seeing these disruptions […] The post The Hidden Retirement Expenses You Should Be Planning For, According to Schwab appeared first on SmartReads CMS - SmartAsset.  ( 8 min )

Earlier this month Tesla CEO Elon Musk announced his latest startup, xAI, which will focus on artificial intelligence. Musk is the richest person in the world as of July, thanks to the companies he leads including Tesla, SpaceX, and Twitter.  ( 19 min )

The U.S. is playing catch-up in battery supply chains dominated by China.  ( 22 min )

(Bloomberg) -- Chinese regulators met with global investors on Friday, according to people familiar with the matter, stepping up the government’s bid to boost market confidence as the country’s economic recovery loses steam. Most Read from BloombergThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Sur  ( 8 min )

A highly automated Texas factory was supposed to bring the manufacturing of Craftsman mechanics’ tools back to American shores. The $90 million project was doomed by equipment problems and slow production.  ( 21 min )

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The world's largest oil field services company saw substantial increases in revenue and net income in the second quarter, despite a downturn in North America rig counts.  ( 11 min )

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(Bloomberg) -- Global fund managers are tamping down expectations ahead of China’s Politburo meeting, with many bracing for prolonged gloom in the stock market on bets that any policy support will lack potency.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Den  ( 8 min )

Higher interest rates boosted big banks’ net interest income in the second quarter, which is the profit banks earn from charging higher interest rates to borrowers than they pay out to depositors and account holders.  ( 1 min )

De Amerikaanse regering moet meer onderzoek doen naar de gevolgen van de beperkingen op de export naar China voor de chipindustrie.  ( 3 min )

Amazon zet een groot gebouw ter waarde van zo'n 107 miljoen euro neer bij NASA's Kennedy Space Center in de Amerikaanse staat Florida. Daar staan installaties om raketten te lanceren. Het webwinkelconcern wil er satellieten gaan bouwen.  ( 3 min )

De Nederlandse voetbalsters spelen zondag hun eerste wedstrijd op het WK in Australië en Nieuw-Zeeland, maar commercieel is het toernooi niet aantrekkelijk. Supermarkten, winkels en adverteerders laten het massaal afweten.  ( 4 min )

Het bedrijf achter brillenmerk Ray-Ban en Oakley wordt er door Amerikaanse consumenten van beschuldigd dat het de prijzen van zijn brillen tot wel 1.000 procent heeft opgedreven.  ( 3 min )

Nu Twitter zich door chaos na chaos worstelt, schieten de alternatieven als paddenstoelen uit de grond. Maar Threads is er niet in Nederland, op Bluesky is het rustig en Mastodon lijkt te ingewikkeld. De twitteraar kan eigenlijk geen kant op.  ( 4 min )

IntraFi Network Deposits help consumers with large deposits insure their money by spreading funds out to stay below the FDIC insurance limit of $250,000 per depositor per bank.  ( 23 min )

Checking accounts do not require beneficiaries, but consumers can add them upon request. Learn how payable-on-death accounts work.  ( 24 min )

State Farm is more than just an insurance company. It offers banking services and competitive interest rates for its savings account.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

American Express posted record revenue, but it still came up short of forecasts as network volumes growth slowed after several quarters of double-digit percent growth.  ( 16 min )

The NASDAQ-100 Equal Weighted Index is an equal-weighted version of the NASDAQ-100, a group of the largest and most frequently traded stocks on the NASDAQ.  ( 21 min )

The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 16 min )

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 19 min )

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 16 min )

The volatility surface is a three-dimensional plot of stock option implied volatility seen to exist due to discrepancies in the stock market.  ( 22 min )

Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 16 min )

Both Wealthsimple and Betterment have features that appeal to less experienced investors, with plenty of planning tools and zero opening balances.  ( 23 min )

Both of these firms have created solid offerings, but Charles Schwab Intelligent Portfolios has lower fees  ( 25 min )

Angela Merkel (born Angela Dorothea Kasner on July 17, 1954) was chancellor of Germany from 2005 until 2021. She was the second-longest-serving chancellor in German history, and was the first woman to hold the office.  ( 23 min )

On the surface, Betterment and Fidelity Go share many similarities. However, there are some key differences between Betterment and Fidelity Go that will help you choose the best fit for your money.  ( 26 min )

Two solid options. The right one for you will depend on your digital-versus-human preference, the amount you have to invest, and your desire to fine-tune your portfolio.  ( 27 min )

Ellevest offers the most account options with the Executive membership flat fee, but Betterment caters to new investors, with live customer service and low-cost options.  ( 26 min )

FutureAdvisor and Betterment are very different robo-advisories, but they share a similar approach. Both rely heavily on Modern Portfolio Theory (MPT) in managing your portfolio, although the specifics of portfolio creation and rebalancing differ.  ( 22 min )

M1 Finance and Betterment are two top robo-advisors offering different services. Betterment is better for setting financial goals and M1 is better for automated investing.  ( 27 min )

Here's a rundown of the specific tax rules that apply to homeowners renting out a vacation property.  ( 20 min )

In terms of numbers, there are very few categories where Stash outperforms Betterment. This is to be expected as Betterment is one of the top robo-advisors we reviewed.  ( 27 min )

Wealthfront and Betterment both earned spots in our Best Robo-Advisor Awards. We describe their similarities and differences to help you decide which is best for you.  ( 26 min )

We compared portfolio management, usability, and fees from the best robo-advisors. This list will help you find the best automated portfolio builders for your needs.  ( 41 min )

A payday loan is a type of short-term borrowing where a lender will extend high-interest credit based on your income.  ( 30 min )

A jumbo loan or jumbo mortgage is a type of financing that exceeds the conforming limits set by the Federal Housing Finance Agency (FHFA).  ( 24 min )

A trader is someone who engages in the purchase or sale of assets in any financial market, either for themself or on behalf of another party.  ( 29 min )

For day traders seeking an edge in trading the market from both the long and short sides, 5-, 8-, and 13-period simple moving averages (SMA) offer a valuable addition to one's strategy.  ( 23 min )

You can earn a higher-than-average APY with a TD Bank savings account. But TD Bank only offers the highest interest rates on accounts with high balances.  ( 21 min )

U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 16 min )

Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 16 min )

Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 16 min )

An IP address is a unique identifier associated with a computer or network, which allows users to send and receive data.  ( 26 min )

Mortgage rates jumped higher Thursday, with increases across every loan type. The 10-year and 15-year averages especially surged, each adding more than a quarter point.  ( 20 min )

Moving average convergence/divergence (MACD) is a momentum indicator that shows the relationship between two moving averages of a security’s price.  ( 29 min )

Personal loans are not considered income and cannot be taxed unless the loan is forgiven.  ( 24 min )

First-time homebuyers may make mistakes in the mortgage and home-buying processes. Here are some of the most common mistakes to avoid to save money and time.  ( 30 min )

U.S. Treasury Secretary Janet Yellen visited Vietnam this week and talked about the country's role in protecting domestic supply chains.  ( 17 min )

The team will be tasked with analyzing ways to avoid debt ceiling standoffs and “make the risk of default a thing of the past.”  ( 16 min )

Payday loans are almost always more expensive than personal loans when it comes to borrowing money and tend to be riskier as well.  ( 25 min )

A lawsuit settlement loan is a cash advance for an impending settlement or judgment. There can be pricey strings attached.  ( 22 min )

Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 17 min )

This personal loan calculator will help you calculate monthly payments  ( 21 min )

Personal loans and credit cards both offer a way to borrow funds, but there have different advantages and risks. Learn how these two funding sources compare.  ( 24 min )

The Dutch East India Co. was the first company to sell shares of a business to the public in 1602.  ( 20 min )

Year to date (YTD) refers to the period of time beginning on the first day of the current calendar year or fiscal year and extending up to the current date.  ( 25 min )

Peer-to-peer (P2P) lending enables an individual to obtain a loan directly from another individual, cutting out the traditional bank as the middleman.  ( 23 min )

Learn about the difference between market capitalization and market value including the factors that go into the calculation of each metric. While both provide a measure of corporate assets, the two are vastly different in their calculation and precision.  ( 19 min )

Personal loans from friends, family, and employers fall under common categories of debt that can be discharged in the case of bankruptcy.  ( 22 min )

Learn about the four most common reasons a company may choose to suspends its dividends, including financial trouble, funding growth and unexpected expenses.  ( 20 min )

Executives at Amazon, Anthropic, Alphabet, Inflection, Meta, Microsoft, and OpenAI will meet at the White House with administration officials Friday to discuss the voluntary agreements.  ( 16 min )

The Great Recession may be over, but broker wrongdoing hasn't. How do you know if a broker is legit?  ( 25 min )

Supplemental Security Income (SSI) is a benefit for people with disabilities. The SSI resource limit hasn't kept up with inflation, and $2,000 buys far less than it did when it was set in the 1970s.  ( 20 min )

Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 18 min )

Institutional ownership can both create and destroy value for shareholders. Learn how to stay ahead of the game.  ( 21 min )

Discover some reasons that corporations might issue preference or preferred shares, and why investors might value them more than common shares.  ( 20 min )

Find out how dividends affect a company's stockholder equity and how the accounting process changes based on the type of dividend issued.  ( 23 min )

(Bloomberg) -- Leaders of the largest US chipmakers told Biden officials this week that the administration should study the impact of restrictions on exports to China and pause before implementing new ones, according to people familiar with their discussions.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusAMC Shares Surge as Judge Denies APE Deal in Surprise R  ( 9 min )

The governor says the investigation will protect the retirees of Florida.  ( 26 min )

Climate change, extreme weather, and a deluge of litigation have made Florida an expensive state for insurance companies to do business in.  ( 26 min )

A judge blocked the conversion of APEs to common shares.  ( 29 min )

AMC Entertainment shares soared 70% after-hours Friday after a judge rejected a proposed court settlement that would have cleared the way for the movie-theater giant to complete a set of equity transactions enabling it to issue substantially more shares.  ( 31 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

Johnson & Johnson will offer its holders to chance to swap their shares for Kenvue stock  ( 26 min )

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Shares of electric-vehicle maker Tesla trade an incredible amount of volume on a daily basis, making the average holding time shockingly short.  ( 26 min )

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(Bloomberg) -- It made sense at the time. Jerome Powell was waging war on inflation. The bond market was flashing dire warnings. Practically everyone saw a recession coming.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsThe Bear Market Has Nearly Been Erased, Fewer Than 20 Months After It BeganPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink of ChaosAMC Shares Surge as Judge Denies APE Deal in Surprise RulingAnd ye  ( 10 min )

(Bloomberg Law) -- AMC Entertainment Holdings Inc. was blocked by a Delaware judge Friday from converting its controversial APE preferred units into common stock, a ruling that sent the company’s class A shares surging 100% in after-hours trading.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesPutin Warns Poland Over ‘Aggression’ Against Ally BelarusWhy South Africa Is on the Brink  ( 8 min )

Stocks finished near where they started Friday, as the Dow eked out a 10th day of gains.  ( 7 min )

The 5th U.S. Circuit Court of Appeals in New Orleans said it will review the case en banc, meaning that all active judges will take part. A three-judge panel of the same court had in March upheld a National Labor Relations Board decision that Musk's tweet was an unlawful threat that could discourage unionization, and ordering Musk to delete it.  ( 7 min )

"It is indeed a mad, mad world," says Société Générale's Albert Edwards. “What on earth is going on? Something very strange has happened…”  ( 8 min )

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Stock in the satellite radio operator soared 42% Thursday as a result of a short squeeze.  ( 36 min )

"With a UPS strike, everyone in America will feel it if it happens," said one expert who pegged the potential economic hit at $5 billion.  ( 10 min )

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Next week, several of Wall Street’s heavyweights will step up to the earnings plate, amongst them Microsoft (NASDAQ:MSFT). The tech giant will deliver its fiscal fourth quarter of 2023 statement (June quarter) on Tuesday (July 25) amidst strong optimism the company is only starting to benefit from the ongoing adoption of generative AI. As such, ahead of the print, Piper Sandler analyst Brent Bracelin sees a ‘solid’ set-up, given “1) robust Gen AI momentum, which could drive above-consensus capex  ( 7 min )

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(Bloomberg) -- A likely re-weighting of Sirius XM Holdings Inc. in the Nasdaq 100 is adding another twist to the stock’s wild moves, with the market transfixed by an unprecedented short squeeze.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesWhy South Africa Is on the Brink of ChaosPutin Warns Poland Over ‘Aggression’ Against Ally BelarusApple Tests ‘Apple GPT,’ Develops Generative  ( 7 min )

Some investors bought shares even after the company went bankrupt in April, betting on a long-shot revival.  ( 28 min )

A CIO survey reveals that companies are prioritizing AI applications in their spending plans. That also helps explain why Taiwan Semi noted a softening in demand for chips in its earnings report.  ( 26 min )

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Shares in Sirius XM Holdings were down 10.5% on Friday, erasing some of their dramatic gains in the previous day's session with analysts attributing the volatility to a short squeeze, as well as a rebalance of the Nasdaq 100. U.S. satellite and online radio company, Sirius XM, which is majority owned by Liberty Media, last traded at $6.99 after closing up 42% at $7.81 on Thursday for its biggest one-day percentage gain since March 2009. Analytics firm Ortex estimates that 34% of Sirius's publicly available shares are sold short, where bearish investors borrow shares to sell them "short" with the aim of buying them back at a lower price to repay the debt and pocket the difference.  ( 7 min )

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The car seller earned $6.29 a share for the second quarter. Analysts tracked by FactSet had penciled in $5.91.  ( 26 min )

“We’ll have all these little mid-block parks in New York City because there won’t be anything else to do with those buildings," Sternlicht warned.  ( 8 min )

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Many investors entered the second-quarter earnings season expecting the worst for regional banks. But that didn’t materialize in the results released this week, at least not for the bigger players. Another round of earnings results Friday also showed stabilizing deposits at regional lenders: Dep  ( 22 min )

A U.S. district court in Kansas may ultimately determine Yellow’s fate on Friday. The post Yellow’s fate likely in hands of Kansas district court appeared first on FreightWaves.  ( 9 min )

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(Bloomberg) -- Optimism about artificial intelligence boosting demand for semiconductors won’t be enough to offset the challenges from an oversupply of chips and a murky economic backdrop, when companies such as Texas Instruments, Intel and NXP Semiconductors report earnings next week.Most Read from BloombergUS Recession Becomes Closer Call as Economists Rethink ForecastsPutin Warns Poland Over ‘Aggression’ Against Ally BelarusBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rat  ( 11 min )

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(Bloomberg) -- The one-time king of the bond world is talking down the Treasury market. Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhile the yields may have peaked this year, “a bull market is not in the cards,” Bill Gross, the former chief invest  ( 6 min )

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Annuities are an ideal option for investors seeking regular income in retirement. They pay out a fixed stream of payments on a monthly or annual basis that you can never outlive. Here's how much you'd get per month if you … Continue reading → The post How Much Does a $50,000 Annuity Pay Per Month? appeared first on SmartAsset Blog.  ( 8 min )

Abbot upgraded, Carvana downgraded: Wall Street's top analyst calls  ( 9 min )

Every investor seeks to reap the rewards of their stocks; otherwise, they wouldn’t be involved in the markets. However, discovering the ideal investment, one that will yield profits, can prove to be a challenge, particularly in today’s market environment. To ensure solid returns, investors can follow two straightforward strategies. The first is to buy low and sell high. That is, find a cheap stock with sound fundamentals and good prospects for growth – and buy in to take advantage of the growth  ( 10 min )

She allegedly used some of that 'bonus' to invest in an unnamed A.I. safety and research firm.  ( 8 min )

Why hire a financial advisor who will take around 1% percent of your assets per year when you can get a certificate of deposit (CD) at over 5% with no fee? That alone amounts to a 6% return on your … Continue reading → The post Ask an Advisor: ‘Prove Me Wrong.' I Think Investing in CDs Is a Better Deal Than Working With an Advisor appeared first on SmartAsset Blog.  ( 9 min )

Most Americans have less in their retirement accounts than they'd like, and much less than the rules say they should have. So, obviously, if that describes you then you're not alone. Now, most financial advisors recommend that you have between five … Continue reading → The post How Much Should I Have in My 401(k) at 50? appeared first on SmartAsset Blog.  ( 10 min )

The Nasdaq-100 is getting rebalanced after its biggest tech companies got too big. The move was triggered earlier this month when the companies in the index with weightings exceeding 4.5% saw their combined weighting surpass 48%, according to Cameron Lilja, global head of index product and operatio  ( 22 min )

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Vietnam on Friday called on the country's food association to ensure sufficient domestic rice supplies and food security after India's move to curb its exports. India, which accounts for 40% of world rice exports, on Thursday ordered a halt to its largest rice export category to reduce domestic prices. "India's move to curb its rice exports will affect the global rice market," Vietnam's Ministry of Industry and Trade said in a document sent to the Vietnam Food Association and reviewed by Reuters.  ( 6 min )

Super Micro Computer, Inc. (SMCI) shares are up a monster 269% in 2023. This uptrend is being powered by mega appetite for the stock.  ( 7 min )

The special purpose acquisition company (SPAC), which in October 2021 agreed to take Truth Social-parent Trump Media & Technology Group (TMTG) public, agreed to pay $18 million in fine to settle charges that it had made "material misrepresentations" to investors if it closes the merger. "It was weighing on shares and this gives investors hope that a deal could be completed," said Dennis Dick, a trader and equity market structure analyst at Triple D Trading. If the deal consummates, TMTG will have more than $1 billion of cash in its reach from the SPAC's institutional investors.  ( 7 min )

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American Express saw its profit and revenue climb in the second quarter and credit card use is climbing, but the company's stock slipped before the market open as it set aside more money for possible defaults on payments. American Express earned $2.17 billion, or $2.89 per share, topping Wall Street expectations for $2.80, according to analysts surveyed by Zacks Investment Research.  ( 7 min )

SLB reports better-than-expected adjusted earnings in the second quarter but revenue of $8.1 billion misses analysts' expectations.  ( 26 min )

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Amex beat on earnings and missed on revenue. Consolidated provisions for credit losses rose to $1.2 billion, up from $1.1 billion in the prior quarter.  ( 29 min )

Stock futures nudged higher on Friday, putting the Dow on track for a 10th day of gains and for tech stocks to recover from their stumble, as investors assessed the latest batch of corporate earnings.  ( 7 min )

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Tesla CEO Elon Musk is ready to cut electric car prices again to drive sales if the economy swoons, and part of the reason is a bonanza from Biden administration tax credits. "It does make sense to sacrifice margins in favor of making more vehicles," Musk said on Wednesday, noting that Tesla was facing "turbulent times." Tesla shares fell nearly 10% on Thursday as investors worried that the automaker's margins, which have been in steady retreat for the past year, face further headwinds.  ( 8 min )

Russia's central bank raised its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble added to inflation pressure from a tight labour market and strong consumer demand. It was the first time the bank had lifted rates in more than a year, having gradually reversed an emergency hike to 20% made in February last year after Russia sent its armed forces into Ukraine, which prompted the West to impose sanctions on Moscow.  ( 6 min )

Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )

Meta has had a big, important year. Can its newly reenergized CEO keep it up?  ( 9 min )

Joe Biden’s plans to boost the US microchip industry have been dealt a setback after the opening of a key factory in Arizona was delayed until at least 2025.  ( 8 min )

TSMC may have to fly in engineeers from Taiwan to help build its Arizona plant, TSMC chairman Mark Liu complained on Thursday.  ( 9 min )

Pipelines to Corpus Christi, Texas, are near capacity as U.S. oil production approaches records  ( 22 min )

Shares of Citizens Financial, U.S. Bancorp and KeyCorp are up this week.  ( 32 min )

Tesla stock rises after a sharp slump following the electric-vehicle maker's second-quarter earnings, Intuitive Surgical's adjusted profit missed estimates, and revenue falls at CSX on lower fuel and coal prices.  ( 26 min )

The lawsuit alleges that fraudulent transfers of cash and shares were used to finance political donations, real estate buys, Sam Bankman-Fried’s criminal defense, and even potentially an island.  ( 6 min )

SINGAPORE/HONG KONG/LONDON (Reuters) -China's property sector crisis escalated again on Friday as a sharp fall in the shares and bonds of one of the country's biggest developers, Country Garden, capped a turbulent week for the long-troubled sector. News that the firm, which has thousands of projects in nearly 300 Chinese cities, had moved to refinance part of a 2019 loan facility sent its Hong Kong-listed shares down more than 5% and left its bonds close to record lows hit late last year. "That doesn't get them completely out of the woods," said one Country Garden bondholder, who declined to be identified, adding that the developer was facing a further batch of bonds payments in coming months.  ( 8 min )

The U.S. DOJ also wants to ban the disgraced founder of FTX and all parties involved in the FTX case from making any out of court statements in the future.  ( 6 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since yesterday: downgrades at Carvana, Sirius XM, Estee Lauder, and XPeng. Today, Piper Sandler downgraded Carvana (NYSE:CVNA) to Neutral from Overweight with a price target of $48.00 (previously $29.00). The rating changes came after the company posted impressive Q2 results and announced a debt restructuring agreement, causing the stock to surge over 40% on Wednesday.  ( 8 min )

Investing.com -- Intuitive Surgical (NASDAQ:ISRG) reported second quarter results that beat analyst expectations, driven by a rebound in elective surgeries following the lull during the pandemic when non-COVID-related procedures were held back.  ( 7 min )

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China's weak economic figures had kept a lid on prices through the week. However, sentiment across commodity markets has picked up on hopes the central government would roll out more stimulus measures to support the economy. Higher crude prices have come "on positive commentary on China stimulus and looked through impacts from the stronger U.S. dollar index," National Australia Bank analysts said in a note.  ( 6 min )

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Volume and pricing gains for CSX’s merchandise segment weren’t enough to offset a decline in intermodal volumes and falling export coal benchmark prices, CSX said. The post CSX’s Q2 profit slips 15% on lower revenues appeared first on FreightWaves.  ( 7 min )

With the second half of 2023 well underway, it is a good time to assess the current state of the stock market and examine which equities analysts are selecting as their ‘Top Picks’ for the remainder of the year. The analysts have analyzed each stock, taking into account its past and current performance, trends across various time frames, as well as management’s plans. They consider every aspect before making their recommendations, which offer valuable guidance for constructing a resilient portfo  ( 12 min )

Interpublic Group shares tumbled on Friday after slashing its 2023 organic revenue growth forecast in half, citing falling business from tech firms.  ( 1 min )

Despite mixed second-quarter results, shares of regional lenders surged this week as their deposits stabilized after high-profile bank failures earlier this year.  ( 1 min )

The S&P 500 was little changed on Friday, July 21, 2023, but posted gains for the week on strong corporate earnings reports.  ( 1 min )

U.S. equities were up at midday on Friday, July 21, 2023 and on track for a winning week, powered by strong earnings news.  ( 1 min )

Digital World Acquisition Corp. shares soared after an SEC settlement over charges it misled investors.  ( 1 min )

Shares of railroad operator CSX fell after missing revenue estimates as intermodal shipping volumes dropped.  ( 1 min )

Investors are growing more bullish and optimistic about a soft landing as inflation cools, according to a Morgan Stanley Wealth Management Pulse Survey.  ( 1 min )

Big Tech firms including Amazon, Alphabet, Meta, and Microsoft agreed to AI safeguards brokered by the White House and shares of railroad operator CSX fell after it missed on revenue projections. Here’s what investors need to know today.  ( 1 min )

Private equity firm KKR agreed to buy Chase Corp for $1.3 billion in a move that expands its holdings in the specialty chemicals space.  ( 1 min )

De laatste tijd verhogen banken bijna maandelijks hun rente voor spaarders. Bij Rabobank gaat op 15 augustus de rente voor vrij opneembaar spaargeld omhoog van 1,25 naar 1,5 procent. ING-klanten met een spaarsaldo tot en met 10.000 euro ontvangen vanaf dat moment 1,25 procent.  ( 3 min )

Waterschappen verhogen hun belastingen volgend jaar waarschijnlijk fors. In een aantal gevallen gaat het zelfs om meer dan 10 procent, met een uitschieter naar ruim 30 procent. Dat komt neer op een verhoging van wel 100 euro per jaar.  ( 4 min )

Als het aan het stadsbestuur in Amsterdam ligt, komen er geen cruiseschepen meer in de buurt van de binnenstad. Ook moet de cruiseterminal die nu nog vlak bij het centraal station ligt, naar een plek buiten het centrum verhuizen.  ( 3 min )

Het vorig jaar omgevallen cryptofplatform FTX eist 1 miljard dollar (900 miljoen euro) terug van enkele oud-bestuurders. Onder hen is voormalig topman Sam Bankman-Fried. Volgens de aanklacht zou hij samen met drie anderen geld van FTX achterover hebben gedrukt.  ( 3 min )

EU-lidstaten hebben hun financiële huishouding weer beter op orde, blijkt uit nieuwe cijfers. Na de coronasteun en ingrepen tijdens de energiecrisis zorgen landen er weer voor dat hun begrotingstekort en staatsschuld niet te hard oplopen.  ( 4 min )

Papierfabriek De Hoop in het Gelderse Eerbeek gaat eind dit jaar echt de deuren sluiten. Het Finse moederbedrijf Stora Enso besluit hiertoe omdat de productie van papier en karton duurder is geworden sinds de oorlog in Oekraïne.  ( 4 min )

Bijna maandelijks verhogen banken dit jaar de spaarrente. Nu komt Rabobank voor de vijfde keer dit jaar met een renteverhoging. De rente voor vrij opneembaar spaargeld. gaat op 15 augustus omhoog van 1,25 procent naar 1,5 procent.  ( 3 min )

De prijzen van rijst zullen wereldwijd oplopen doordat India, een van de grootste rijstexporteurs ter wereld, de export ervan aan banden legt.  ( 4 min )

Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )

Consumenten dienen veel minder klachten in over bankiers, blijkt uit cijfers van Tuchtrecht Banken over 2022. De meeste binnengekomen meldingen over het gedrag van bankmedewerkers kwamen van de banken zelf. Al levert niet elke bank netjes iets in over wangedrag.  ( 4 min )

De krapte op de arbeidsmarkt leidt tot steeds meer problemen op de werkvloer, blijkt uit een rondgang van NU.nl. Zo zijn er onder meer conflicten over het concurrentiebeding, dat moet voorkomen dat werknemers soortgelijk werk uitvoeren bij een ander bedrijf.  ( 4 min )

The energy crisis in 1973 was one of two oil price shocks during the 1970s. The other occurred in 1979.  ( 25 min )

Patent share is the percentage share of a universe of patents owned or created by one subset group.  ( 20 min )

Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 19 min )

Investing internationally is a great way to diversify a portfolio, but as an investor you need to know the risks and barriers in the global markets.  ( 19 min )

The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world.  ( 19 min )

Google Glass, wearable "smart glasses," is a Google "moonshot" technology launched to consumers in 2014.  ( 20 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

Sales for existing single-family homes dropped to the slowest pace in 14 years and were down 18.8% from the previous year.  ( 18 min )

Learn about how bond yields are affected by monetary policy. Find out how this determines the risk-free rate of return and its large role in bond pricing.  ( 20 min )

CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 18 min )

American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 17 min )

The Dow rose, but the S&P 500 slipped 0.7% on Thursday, July 20, 2023, while the Nasdaq tumbled almost 2% after the latest round of corporate earnings reports.  ( 17 min )

Learn about the types of bonds you should consider investing in, when you should be buying them and how to compare yields against their time to maturity.  ( 23 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 16 min )

Shares of Equifax plunged as the credit rating service slashed its full-year sales and profit outlook, blaming a weak mortgage market.  ( 16 min )

A stretch loan is a form of financing for an individual or a business that's intended to cover a short-term gap in the borrower's income. It can be convenient but also costly.  ( 21 min )

Economics professor Linda M. Hooks shares critical advice for would-be borrowers contemplating taking out a personal loan.  ( 23 min )

Blackstone reaches $1 trillion asset milestone, but weak real estate, credit, dealmaking markets push profit distributions down 40%  ( 17 min )

Remote work opportunities have expanded significantly since the COVID-19 pandemic. Here are just 24 of the regions offering programs for aspiring digital nomads.  ( 34 min )

Personal loans may be used for almost any purpose and are sometimes a good option, but they can be expensive, and there are often better alternatives.  ( 22 min )

Depreciation recapture is the gain realized by the sale of depreciable capital property that must be reported as ordinary income for tax purposes.  ( 23 min )

There is no need for a wallet or phone and Prime members can link their Amazon One profile to their account to receive savings and rewards at more than 500 Whole Foods stores.  ( 17 min )

The Paycheck Protection Program (PPP) was a federal program that paid out $790.9 billion in small-business loans during the COVID-19 pandemic.  ( 21 min )

Learn how to calculate the real yield of an inflation-adjusted bond, such as U.S. Treasury inflation-protected securities (TIPS).  ( 21 min )

A business plan is a document that explains what a company’s objectives are, and how it will achieve them. It can address marketing, financial and operational objectives.  ( 22 min )

How to read and interpret a company's environmental, social, governance (ESG) scores and where to find them.  ( 28 min )

A swingline loan is a type of loan that gives borrowers access to a large amount of cash for a short period of time. It can also be used as a line of revolving credit to draw on as needed.  ( 20 min )

Discover the major expenses that airlines must pay. The two largest are labor costs and fuel costs, with fuel costs being the largest short-term factor for airlines.  ( 19 min )

The Fed held interest rates steady at 5.00%-5.25% at its June meeting, pausing after 10 consecutive rate hikes. Experts expect two more small increases before the year is out, including a possible one at the Fed's July 25-26 meeting.  ( 24 min )

An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )

Learn how personal loan interest rates work, how rate types differ, and what the average interest rate is on a typical personal loan.  ( 26 min )

YouTube Premium, the site’s ad-free platform offering access to original YouTube production content, just got $2 more expensive.  ( 17 min )

Customers at early adopting institutions will be able to send payments almost instantly with the new service.  ( 17 min )

Short-term bonds typically yield higher interest rates than money market funds, so the potential to earn more income over time is greater.  ( 21 min )

A Regional Check Processing Center (RCPC) is a local Federal Reserve facility where checks that are drawn on depository institutions are processed overnight.  ( 21 min )

The Dow Jones Industrial Average (DJIA) reached its all-time high on Jan. 5, 2022, when it hit 36,952.65 points.  ( 24 min )

The top institutional Yelp shareholders are BlackRock, Vanguard, State Street, and Dimensional Fund Advisors LP. All offer investment management solutions for investors.  ( 21 min )

U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 16 min )

IBM shares gained after the technology giant beat earnings estimates as productivity rose following layoffs and emphasized client demand for its AI products.  ( 16 min )

Shares of Johnson & Johnson advanced as the pharmaceutical and medical products firm posted better-than-expected results and raised its guidance on higher demand for its medtech products.  ( 16 min )

Discover Financial Services (DFS) stock fell as much 15% in trading on Thursday after it disclosed regulatory issues involving the misclassification of its credit cards in its second quarter earnings report.  ( 17 min )

The American Customer Satisfaction Index (ACSI) is an economic indicator based on a survey of U.S. consumers about products and services they use.  ( 22 min )

Mortgage rates are back on the rise, with averages up for most loan types. Rates on 30-year mortgages have been yo-yoing since hitting a 20-year high almost two weeks ago.  ( 20 min )

TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 18 min )

Find out how lending cash to family or friends can put a strain on your relationship and your bank account. Learn how to make family loans safely.  ( 22 min )

Real estate investment trusts (REITs) own, operate, or finance income-producing properties.  ( 23 min )

Taking out a personal loan can affect your credit score in a number of ways⁠—both good and bad. Repaying it in a timely manner is key to a healthy score.  ( 23 min )

The application process takes a great deal of time and effort, but for those with good credit, personal loans can be an excellent source of funding.  ( 24 min )

Personal loans are a type of funding that usually includes a fixed interest rate, which is typically lower than what’s offered by most credit cards.  ( 24 min )

Learn about this type of Roth conversion from a 401(k) and how it is a tax-free strategy  ( 23 min )

Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 18 min )

Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 17 min )

Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 19 min )

CDOs are structured debt instruments and when comprised of mortgages are known as mortgage-backed securities (MBS).  ( 25 min )

President Joe Biden suggested a plan to cancel between $10,000 and $20,000 of student debt for eligible borrowers. Here's how that could impact people in the U.S.  ( 23 min )

An SBA microloan provides funding for small businesses that want to invest in their growth. Learn about an SBA microloan’s features, requirements, and how to apply.  ( 22 min )

Winsorized mean is an averaging method that involves replacing the smallest and largest values of a data set with the observations closest to them.  ( 24 min )

A modified endowment contract (MEC) describes a life insurance policy that has lost tax benefits because the cash contained exceeds federal tax-law limits.  ( 27 min )

Before purchasing life insurance, it's important to decide if you really need it, what type of policy is best, and how much coverage you should get.  ( 29 min )

Lis pendens is an official notice to the public that a lawsuit has been filed and a property has a claim against it.  ( 21 min )

The diversions and threatened labor action add new peril to a debt-saddled company that is burning cash.  ( 26 min )

Already at a 15-year high, the top savings account rate in the country is now 5.20% APY. Or you can choose from more than a dozen other options that pay 5.00% or more.  ( 21 min )

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Executives of the regional bank say they are zeroing in on its most profitable business lines and moving away from one-off customer relationships that don't generate as much revenue.  ( 9 min )

The U.S. Securities and Exchange Commission said on Thursday that Digital World Acquisition Corporation, a special purpose acquisition company that plans to merge with the parent company of Donald Trump's Truth Social platform, settled charges that it made "material misrepresentations" to investors. DWAC, which was found to have violated antifraud provisions of federal securities laws, agreed to a cease-and-desist order and to pay an $18 million penalty in the event it closes a merger transaction, the SEC said. The SEC said DWAC misled investors by failing to disclose in filings that it had formulated a plan to acquire Trump Media & Technology Group Corp and was pursuing the acquisition before DWAC's IPO.  ( 7 min )

For months, investors have been trying to forecast the direction of real estate investment trusts (REITs), analyzing various economic forces of inflation, interest rate hikes and the looming possibility of a recession within the next year or two. This week marks the release of second-quarter 2023 earnings for several bellwether REITs spanning different real estate subsectors, and so far, it's been a mixed bag of results. Investors scrutinize year-over-year changes in earnings — or funds from ope  ( 10 min )

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See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

CD rates are still climbing and setting records in almost every term, according to July's new national rate averages from the FDIC. But how long can the good times last?  ( 20 min )

American Airlines improved its operating revenue by 17%, but shares fell after its forward guidance underwhelmed compared to other airlines' outlooks.  ( 18 min )

Some regional banks attracted more deposits but paid more for them, eating into a key measure of profitability  ( 8 min )

Short covering, a busted pair trade, and possible index rebalancing might be behind the move.  ( 26 min )

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Tesla Inc. CEO Elon Musk appears to be involved in a secretive project constructing an all-glass home near the company's Austin-area Gigafactory, as reported by The Wall Street Journal. Dubbed Project 42 by Tesla employees, this initiative has been shrouded in mystery over the past year. The Wall Street Journal sources claim that Tesla's board launched an investigation into concerns that Musk might be using company funds to build his glass house. The project is said to involve the purchase of mi  ( 9 min )

Trainer warned that Tesla would have to earn twice the annual profit of Apple by 2032 to justify its current valuation.  ( 10 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 17 min )

Shares in Elon Musk's EV maker could hit $350, analyst Dan Ives wrote in a new research note following its second-quarter results.  ( 7 min )

The German software giant continues to show strong cloud growth, and sees AI doubling the size of its addressable market.  ( 26 min )

Coinbase Borrow, a program that allowed customers to receive fiat loans of up to $1 million against as much as 30% of their bitcoin (BTC) holdings, will be shutting down over the coming months as the company focuses its resources on products that “customers care about most,” a spokesperson said.  ( 7 min )

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(Bloomberg) -- Newmont Corp. posted its worst day in 12 months after the world’s biggest gold producer reported earnings that missed analyst estimates following a series of operational setbacks.Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS  ( 7 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )

Tesla stock dropped Thursday after the company suggested production in the current quarter will dip, though CEO Elon Musk told investors on the earnings call this change is "minor" compared to the long-term outlook for the automaker.  ( 8 min )

(Bloomberg) -- The Federal Reserve’s widely expected increase in interest rates next week may prove to be the last in its current credit-tightening campaign, former Chair Ben Bernanke said.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIWhat a UPS Strike Would Mean For Consumers, Businesses and the EconomyBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesSelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’  ( 6 min )

Tesla CEO Elon Musk said he loves his loyal fanbase of retail investors, and warned that American consumers are falling behind on their monthly bills.  ( 7 min )

An investment portfolio is a term that refers to all of your investments. Here's what to focus on if you're building a portfolio specifically for retirement.  ( 26 min )

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A Florida venture capitalist, his brother and an employee accused of insider trading before a blank check company's proposed merger with former U.S. President Donald Trump's social media company pleaded not guilty in a New York court on Thursday. Michael and Gerald Shvartsman, and Bruce Garelick were charged last month with trading illegally in Digital World Acquisition Corp, a special purpose acquisition company, before it announced its plan to combine with Trump Media & Technology Group in late 2021. Neither Trump nor his company, which operates the Truth Social app, was accused of wrongdoing in the case.  ( 7 min )

A U.S. appeals court on Thursday said Papa John's International cannot force a Louisville, Kentucky, pizza delivery driver to arbitrate a claim that he was underpaid by invoking an arbitration agreement he said he never saw. In a 3-0 decision, the 6th U.S. Circuit Court of Appeals in Cincinnati said a trial judge erred in dismissing Andrew Bazemore's claim that the pizza chain violated federal labor law by not reimbursing him enough for costs to operate his vehicle. Circuit Judge Raymond Kethledge found "no reason whatever" to prevent reasonable jurors in the proposed class action from believing Bazemore's sworn statement that he never seen any agreement to arbitrate.  ( 7 min )

(Bloomberg) -- SAP SE shares fell in New York after second-quarter sales in its cloud unit missed analyst estimates. Most Read from BloombergBillionaire Sternlicht Sees ‘Category 5 Hurricane’ Spurred by Fed Rate HikesApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAISelloffs, Inequality, China Tension: Here Are the Next Big RisksNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomWhat a UPS Strike Would Mean for Consumers, Businesses and the EconomySales in constant  ( 7 min )

Tesla CEO Elon Musk says the company is using a large amount of Nvidia hardware to power its AI tools.  ( 8 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season and a fresh batch of results started to roll in.  ( 7 min )

House prices will not rebound after the slump because interest rates will still be higher than they have been for the last decade, economists have warned.  ( 20 min )

Microsoft’s stock surged to an all-time high Tuesday after the company announced it would offer a $30-per-month subscription for a suite of A.I.-powered Office products.  ( 8 min )

On its earnings call Wednesday, the company highlighted the opportunity for Watson X, its new platform for enterprise AI applications.  ( 26 min )

Two analysts raised their price targets on the stock, seeing improving performance for the Azure cloud business and big promise in AI.  ( 26 min )

A surprisingly early distribution and a stretched valuation hit J&J’s consumer health arm hard.  ( 25 min )

Nvidia and its CEO, Jensen Huang, came up on Tesla's earnings conference call.  ( 26 min )

(Bloomberg) -- Kenvue Inc., the consumer-focused spinoff of Johnson & Johnson that owns brands such as Band-Aid and Tylenol, fell on Thursday after J&J said it’s preparing to launch an exchange offer for its majority stake. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Sinks as Musk Warns of More Blows to ProfitabilityMu  ( 8 min )

The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )

Four insurers have reduced their exposure in the state following series of disasters.  ( 6 min )

The carrier's earnings are good, but not quite good enough after the high bar set by rivals Delta and United.  ( 26 min )

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It turns out there’s more to chip stocks than just AI. The world’s biggest contract chip maker had a disappointing update for investors, and semiconductor stocks are selling off. Taiwan Semicond  ( 22 min )

Unprecedented temperatures are a common theme this summer, making it very possible this year will be the hottest year ever recorded on Earth. Meanwhile, as the scorching heat bears down on many corners of the globe, investors are enjoying an extended moment in the sun. The markets have been on a consistent upward trend, evoking memories of the euphoric days during the pandemic when gains seemed to come free and easy. In fact, billionaire Seth Klarman suggests that the so-called pandemic bubble m  ( 10 min )

FedNow lets consumers and businesses pay for everything from groceries to suppliers instantly.  ( 8 min )

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IPO Edge and the Palm Beach Hedge Fund Association hosted a fireside chat with PublicSq. to discuss the company’s merger with Colombier Acquisition Corp. (NYSE: CLBR), its growth story and business model along […]  ( 8 min )

Another round of regional banks are out with second-quarter earnings results. Fifth Third (FITB) said deposits rose around 1% from the previous quarter and 2% from a year earlier. KeyCorp [(KEY)](http  ( 22 min )

Tesla stock (TSLA) dropped 4% Thursday morning after the electric vehicle maker reported a revenue and earnings beat, but margins that came in below expectations.  ( 8 min )

The Nasdaq fell on Thursday after Tesla and Netflix updates took the shine off the earnings season, as a fresh batch of results started to roll in.  ( 7 min )

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Though retirees are only required to take a certain portion of their retirement savings out as distributions each year, a study from JPMorgan Chase shows that there is likely good reason to take out more. A withdrawal approach based solely on … Continue reading → The post 84% of Retirees Are Making This RMD Mistake appeared first on SmartAsset Blog.  ( 9 min )

Saving for retirement is one of the most important parts of securing your financial future. While programs like Social Security can help, they often aren't enough on their own. This is why it is crucial to have retirement savings of … Continue reading → The post How Long Will $800,000 Last in Retirement? appeared first on SmartAsset Blog.  ( 8 min )

Saving $1 million (or more) for retirement is a great goal to have. Putting that much aside could make it easier to live your preferred lifestyle when you retire, without having to worry about running short of money. However, not … Continue reading → The post What Percentage of Retirees Have a Million Dollars? appeared first on SmartAsset Blog.  ( 10 min )

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Investors are always delighted when a stock in their portfolio announces a dividend increase. For income investors, it means a monthly or quarterly raise. For investors more concerned with growth, dividend hikes often mean more than just a rise in income. Dividend increases can portend an increase in future earnings as well because the earnings need to cover the dividends being paid to shareholders. As earnings increase, share price appreciation often follows. Most real estate investment trusts  ( 9 min )

A South Florida jury awarded $800,000 in damages to a little girl who received second-degree burns when a hot Chicken McNugget fell on her leg as her mother pulled away from the drive-thru of a McDonald's restaurant. Lawyers for the family of Olivia Caraballo, who was 4 when she was burned in 2019, were seeking $15 million in damages. Jurors reached their verdict after deliberating for less than two hours on Wednesday, the South Florida SunSentinel reported.  ( 8 min )

American Airlines beats earnings expectations, posts record revenue in the second quarter, and follows Delta Air Lines and United Airlines in hiking its full-year profit guidance.  ( 26 min )

The strike in Hollywood is raising concerns about the streaming service's content.  ( 26 min )

The euro has recently experienced a modest rally, surpassing the 1.1250 level. However, signs of hesitation in its upward trajectory have emerged.  ( 8 min )

The company reports better-than-expected numbers, but ongoing litigation remains a concern for investors.  ( 26 min )

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Baby boomers and Gen Xers aren't going anywhere—they'll make up more than 25% of the workforce by the end of the decade.  ( 8 min )

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Blackstone Inc said on Thursday its second-quarter distributable earnings slumped nearly 40%, owing to a sharp drop in asset sales mostly from its real estate and credit businesses. Blackstone said its net profit from asset sales plunged 82% to $388.4 million from $2.2 billion in the year-ago period, as higher interest rates, sticky inflation, and economic uncertainty have continued to weigh on its merger-and-acquisition activity. A major share of the reduced asset disposals came from Blackstone's real estate unit, where its net profit sank 94%, while that of its credit division dropped 46%.  ( 7 min )

Travelers Companies Inc on Thursday reported a 98% fall in quarterly profit, as severe wind and hail storms in parts of the United States pushed up its catastrophe losses. Core income of the New York-based company, often seen as a bellwether for the insurance sector as it typically reports before industry peers, fell to $15 million, or $0.06 per share, in the second quarter ended June 30, from $625 million, or $2.57 per share, a year earlier. Severe storms in parts of the United States caused the insurer's catastrophe losses net of reinsurance to jump to $1.48 billion from $746 million a year earlier.  ( 7 min )

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Banks have begun to raise their buffers for credit-loss provisions in the event customers, facing the brunt of high interest rates, are unable to pay back debt on their credit cards or miss loan repayments. "We prudently increased our provision and allowance amid the uncertain economic backdrop," Truist CEO Bill Rogers said in a statement. The bank set aside $538 million in provisions for credit losses in the quarter ended June 30, compared with $171 million a year earlier.  ( 7 min )

The company reports better-than-expected earnings, but talc worries and legal risks remain top of mind for investors.  ( 26 min )

The company incorrectly classified certain credit card accounts into its highest merchant and merchant acquirer pricing tier, beginning around mid-2007, Discover said after markets closed on Wednesday. It has also received a proposed consent order from the Federal Deposit Insurance Corporation (FDIC) in connection with consumer compliance that does not include the card product classification matter. However, Discover said it has determined that the revenue impact of the incorrect card product classification was not material to its consolidated financial statements for any of the affected periods.  ( 7 min )

This year has taught the brokerage the downsides of being a bank when interest rates shoot higher.  ( 27 min )

Wall Street shows mixed emotions on Tesla's mixed second quarter.  ( 9 min )

(Bloomberg) -- Tesla Inc. fell in late trading after profitability shrank in the second quarter, and the carmaker warned hits to margins are likely to keep coming.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Ol  ( 8 min )

The world's largest contract chip maker reported a 23% fall in second-quarter profit as it grapples with a slump in demand for electronic devices.  ( 26 min )

Taiwanese chipmaker TSMC posted a 23.3% fall in second-quarter net profit on Thursday as global economic woes dented demand for chips used in applications as varied as cars, cellphones and servers and coming off a strong period last year. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple Inc supplier, saw April-June net profit drop to T$181.8 billion ($5.85 billion) from T$237.0 billion a year earlier. That compared with the T$172.55 billion average of 21 analyst estimates compiled by Refinitiv.  ( 7 min )

We view XRP's breakout above the Ichimoku cloud as a good example for bitcoin, Fairlead's Katie Stockton said.  ( 7 min )

(Bloomberg) -- Taiwan Semiconductor Manufacturing Co. posted a smaller than expected profit decline, after the global AI development boom outweighed a persistent slump in smartphone demand.Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomTesla Investor Rode a 14,800%  ( 8 min )

Despite their woeful underperformance this year, income-oriented investors should still consider including dividend-paying stocks or funds in their portfolios.  ( 26 min )

Finnish telecom gear group Nokia on Thursday reported a drop in second-quarter profit due to a drop in margin as growth in sales of 5G gear in markets such as India failed to offset slowing demand in North America. Comparable operating profit fell to 626 million euros ($702.37 million) from 714 million euros last year. Nokia and rival Ericsson have been hit by slowing orders from customers, mostly in their high-margin North American markets.  ( 6 min )

(Bloomberg) -- China’s latest pledges to rebuild a shattered private sector fell flat with investors, underscoring the damage two years of crackdowns and pandemic controls have had on confidence in the world’s second-largest economy. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27  ( 10 min )

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(Bloomberg) -- Nothing symbolizes the demise of China Evergrande Group like the Hong Kong tower that it bought for a record $1.6 billion. Once a jewel in the developer’s crown, creditors are still trying to sell the building almost a year after seizing it. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14  ( 9 min )

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The relaunch of a classic Soviet-era car, the Moskvich, by a state-owned company in November was celebrated by Moscow's mayor as showing the resilience of Russia's auto industry to Western sanctions. "This is a historic event," Sergei Sobyanin said as the Moskvich was unveiled at a factory the Moscow government took from French carmaker Renault last year for just one rouble ($0.01).  ( 10 min )

Recent months have made it clear that the Biden Administration’s embrace of the ‘Green Economy,’ and especially the clean energy sector, is far more than just skin deep. The administration, from the Inflation Reduction Act signed last August to more recent multi-billion-dollar funding initiatives, has been going all-in on clean energy. The Biden White House has been promoting electric vehicles, pushing for solar and wind-powered energy production, and implementing tax and regulatory incentives t  ( 10 min )

The U.S. housing market firmed up this year. One reason being that buyers jumped in assuming they'll be able to refinance to a lower rate in the near future.  ( 11 min )

Shares of conservative shopping site PublicSq soared on their first day of trading on the New York Stock Exchange.  ( 1 min )

TSMC shares slid after reporting a drop in profit for the first time in four years, amid a decline in demand for electronics.  ( 1 min )

Elon Musk remained committed to Tesla price cuts despite hurting the company's profitability, suggesting sales volumes would make up for the margin pain in the long run.  ( 1 min )

Netflix shares fell in extended trading after reporting modest earnings and revenue growth as subscribers surged amid the company's crackdown on password sharing and the continued rollout of its new lower-priced subscription tier.  ( 1 min )

U.S. equites were mixed at midday on July 20, 2023 as weak earnings news, especially in the tech sector, held back gains.  ( 1 min )

Tesla shares fell after reporting revenue that beat expectations but lower profit margins thanks to price cuts, and Netflix shares tumbled after it missed on revenue projections despite strong subscriber growth. Here’s what investors need to know today.  ( 1 min )

Het aantal werklozen kwam eind juni uit op 353.000. Daarmee zit 3,5 procent van de beroepsbevolking thuis zonder baan. Dat is net zoveel als een maand eerder, meldt statistiekbureau CBS donderdag.  ( 3 min )

Ervaren Indonesische verpleegkundigen worden onder valse voorwendselen naar Nederland gehaald om hier de zorg te verlichten. Ze moeten veel meer werken dan afgesproken en worden niet opgeleid zoals beloofd, blijkt uit onderzoek van NU.nl. De arbeidsinspectie en de IND hebben zich nu ook op de zaak gestort.  ( 8 min )

De Turkse centrale bank schroeft zijn rentetarief opnieuw op, van 15 naar 17,5 procent. Daarmee hopen de Turkse autoriteiten de gierende inflatie in het land onder controle te houden.  ( 3 min )

Tata Steel twijfelt over de manier waarop het bedrijf 'groen staal' gaat maken. Zelfs een volledig afscheid van het plan om klimaatvriendelijk staal te maken met groene waterstof ligt op tafel, blijkt uit interne notulen die in handen van NU.nl zijn.  ( 8 min )

Volvo wil steeds meer elektrische auto's verkopen, maar de focus op elektrisch is niet direct goed voor de winstcijfers. In het tweede kwartaal maakte de autofabrikant 3,5 miljard kronen (300 miljoen euro) winst, 60 procent minder dan vorig jaar.  ( 3 min )

De Rotterdamse haven heeft last van de hoge inflatie en de wereldwijd afzwakkende economie. De overslag daalde in de eerste zes maanden van dit jaar dan ook met 5,5 procent.  ( 3 min )

Ook Apple werkt aan een eigen chatbot met kunstmatige intelligentie, meldt Bloomberg. Maar deze 'AppleGPT', zoals hij door ingewijden wordt genoemd, is voorlopig nog niet klaar voor het grote publiek.  ( 3 min )

Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )

De Autoriteit Consument & Markt heeft twee producenten van verkeersborden een boete opgelegd vanwege verboden prijsafspraken.  ( 4 min )

Netflix heeft de afgelopen maanden miljoenen nieuwe abonnees verwelkomd. Dat komt deels doordat de streamingdienst het onderling delen van accounts met vrienden en familie aan banden heeft gelegd. Daardoor hebben meer mensen een eigen abonnement genomen.  ( 3 min )

Tesla beleeft een zeer succesvol jaar. Er werden in het afgelopen kwartaal veel meer auto's verkocht en daardoor steeg de omzet van de autofabrikant met bijna 50 procent tot omgerekend 22,2 miljard euro. Dat leverde ook meer winst op.  ( 3 min )

Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Action heeft in de eerste zes maanden van dit jaar opnieuw een forse groei doorgemaakt. De discounter opende nog eens negentig winkels in elf verschillende landen. Het aantal vestigingen komt daarmee uit op 2.353.  ( 3 min )

Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Bedrijven hebben in mei 6,9 procent meer geïnvesteerd dan in dezelfde maand vorig jaar. Dat komt vooral doordat ze meer geld hebben gestoken in gebouwen, personenauto's en vliegtuigen.  ( 2 min )

Consumenten waren in juli net zo negatief over de economie als de maand ervoor. Daarmee zijn ze al vier jaar onafgebroken pessimistisch.  ( 3 min )

A policy loan is issued by an insurance company and uses the cash value of a life insurance policy as collateral. Learn how policy loans work and about their risks.  ( 21 min )

Explore the world of investment banking and discover the various functions investment bankers serve, such as handling IPOs and mergers and acquisitions.  ( 18 min )

Funds from operations (FFO) and adjusted funds from operations (AFFO) are superior predictors of REIT performance. Find out how to use FFO and AFFO to value REITs.  ( 25 min )

Financial professionals use a wide variety of quantitative and qualitative techniques to understand inventory in their investing analyses.  ( 19 min )

Extended normal costing tracks production costs with an estimate for overhead costs rather than actual expenditures.  ( 19 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.  ( 18 min )

Elevance Health shares gained after reporting results that beat forecasts and raising its 2023 guidance as medical insurance premiums rose and payouts were less than anticipated.  ( 16 min )

Halliburton shares slumped after warning that lower oil and gas prices will reduce drilling in the second half of 2023.  ( 16 min )

Learn about Porter's 5 Forces and SWOT analysis, tools companies use to analyze the competition, make strategic decisions, and boost profitability.  ( 22 min )

The agency said it will help states target anticompetitive behaviors that hike prices in food, retail, and meat and poultry processing.  ( 17 min )

Deciding between a tax-deferred and a tax-exempt retirement account—or having both—comes down to understanding when the tax benefit kicks in.  ( 27 min )

Netflix scrapped its cheapest ad-free subscription plan in the U.S. and U.K. in an effort to boost revenue and draw more users to its ad-supported plan released last year.  ( 17 min )

Learn about Vanguard Admiral Shares—a separate class of shares for mutual funds—with lower fees and a higher required initial investment.  ( 19 min )

A bank endorsement is a guarantee or assurance made by a bank that a negotiable instrument, such as a banker's acceptance or a letter of credit, will be honored.  ( 20 min )

Is it possible to have more than one personal loan at once? Yes, it is. However, the number of personal loans you can have at once is limited by your lender.  ( 23 min )

A check hold is the number of days that a bank can legally hold the money from a deposited check. A hold can happen for various reasons and different periods of time.  ( 21 min )

For single-family homes, starts in June were 7.0% lower than in May, ending the month at an annual rate of 935,000.  ( 17 min )

The bond market consists of a great number of issuers and types of securities. Explore basic rules of the bond market.  ( 27 min )

Research and development (R&D) is a term to describe the effort a company devotes to the innovation, and improvement of its products and processes.  ( 25 min )

You don’t need your parents to get a student loan. Learn about private and federal student loans to see which loans you may be eligible for.  ( 23 min )

SALT loans allow borrowers to maintain ownership of their blockchain assets, while also gaining access to cash via a loan.  ( 24 min )

"The Great Wealth Transfer" will pass on trillions of dollars in inheritance to Americans over the next decade, however, a new survey shows that just 42% them feel confident about their money managing abilities.  ( 17 min )

What are the safest industries for long-term investment and why?  ( 19 min )

Unlimited bond purchase programs involve open-ended commitments by central banks to purchase distressed government debt.  ( 21 min )

Contingent convertibles (CoCos) are debt securities that can be converted into a company's common stock. They offer high returns but come with high risk.  ( 28 min )

Tesla filed plans to expand its German gigafactory into the largest car plant in Europe.  ( 16 min )

The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.  ( 16 min )

An SBA 504 loan is a common loan backed by the U.S. Small Business Administration for people who want to purchase and build assets to grow their business.  ( 24 min )

Mergers and acquisitions could be evaluated under a tougher antitrust lens as Department of Justice and Federal Trade Commission propose new rules.  ( 18 min )

The consequences for failing to manage your personal loan properly can be severe. Fortunately, there are a few simple things you can do to stay on top of your debt.  ( 20 min )

If you owe money to the IRS, you have a couple different options to help with repayment. Either an IRS payment plan or taking out a personal loan could work, depending on your financial situation.  ( 22 min )

Carvana shares soared after the online used car retailer restructured its debt and reported record-setting quarterly EBITDA and gross profit per unit.  ( 17 min )

When you apply for a personal loan, you're usually asked what the funding's purpose is. The reason why you're borrowing could impact the terms you're offered on your loan.  ( 21 min )

How traders use the Commodity Channel Index (CCI) to evaluate buy and sell signals based on price trends over various timeframes.  ( 23 min )

Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.  ( 17 min )

ElectraMeccanica (SOLO) is a designer and manufacturer of three-wheeled electric vehicles but has suffered technical issues resulting in the repurchase of most of its cars sold.  ( 19 min )

Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.  ( 18 min )

Accurate real estate valuation is important to mortgage lenders, investors, insurers, and buyers and sellers of real property.  ( 24 min )

HSBC's agreement to pay a $1.9 billion fine and enter into a deferred prosecution agreement points to a lack of control processes in compliance and anti-money laundering.  ( 22 min )

Rates on 30-year mortgages dropped again, erasing most of a two-day climb. Averages were down for almost every loan type, though some jumbo rates remained steady.  ( 20 min )

Core retail sales is an economic indicator of the strength of retail in the U.S. It excludes certain highly volatile categories such as gasoline.  ( 21 min )

Retail sales tracks consumer demand for finished goods by measuring the purchases of durable and non-durable goods over a defined period of time.  ( 25 min )

Tencent started out as a messaging service provider for PC users but has grown to become one of China's largest technology companies, bringing in most of its revenue from social media networks and games,  ( 21 min )

Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here’s what investors need to know today.  ( 19 min )

Don't let these errors in judgment affect your good credit for the rest of your life.  ( 24 min )

Qualcomm chips will support Meta's Llama 2 Large Language Model (LLM), in a move that will bring LLMs—that typically need data centers to run because of computational requirements—to smartphones and PCs starting 2024.  ( 17 min )

Understand how real estate is legally different from real property and the implications of that difference for each property owner.  ( 18 min )

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(Bloomberg) -- Tesla Inc. is sparing no expense to become a player in supercomputing, with Elon Musk saying the electric carmaker plans to invest more than $1 billion on its so-called Project Dojo by the end of 2024. Most Read from BloombergA $500 Billion Corporate-Debt Storm Builds Over Global EconomyApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIIn London, New York and Paris, a Giant Office Bet Is Going WrongTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old Analyst  ( 7 min )

(Bloomberg) -- Discover Financial Services slumped in late trading after the lender disclosed that it was in discussions with regulators over how it misclassified some of its credit cards. Most Read from BloombergApple Tests ‘Apple GPT,’ Develops Generative AI Tools to Catch OpenAIA $500 Billion Corporate-Debt Storm Builds Over Global EconomyNadella’s Microsoft Payouts Top $1 Billion on 1,000% Stock BoomIn London, New York and Paris, a Giant Office Bet Is Going WrongMusk Says Tesla to Spend Over  ( 8 min )

FTC Chair Lina Khan said the agency is looking into whether roll-up strategies, often used by private equity firms, violate antitrust laws.  ( 6 min )

Shares in Discover Financial Services tumbled more than 13% in after-hours trading on Wednesday after its quarterly earnings fell short of expectations and it announced a share repurchase pause as it investigates incorrect classification of credit card accounts from around mid-2007. Discover, a U.S. provider of digital banking and payment services, last traded at $105.63 after closing the regular session up 15 cents at $121.85. The company said it decided to pause share repurchases during its internal review.  ( 7 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

Recent results highlight difficulties at the country’s most famous financial institution  ( 8 min )

Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing roller-coaster ride in the past year—leading many to jump off.  ( 26 min )

Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years. Revenue growth in the U.S. and Western Europe was "muted" as the company wrapped up the cycle for its mainframe computers it launched last year, Chief Financial Officer James Kavanaugh said in an interview.  ( 7 min )

The online auto retailer reports its best ever quarter for profit, and announces an agreement to cut its debt.  ( 26 min )

HOUSTON (AP) — Crown Castle International Corp. (CCI) on Wednesday reported a key measure of profitability in its second quarter. The results surpassed Wall Street expectations. The Houston-based real estate investment trust said it had funds from operations of $891 million, or $2.05 per share, in the period.  ( 7 min )

BofA Global Research analyst Wamsi Mohan says the debut of the iPhone 15 could be delayed until the December quarter.  ( 26 min )

Tesla reported Q2 results after the bell on Wednesday.  ( 8 min )

Tesla reported Q1 results after the bell on Wednesday.  ( 8 min )

Solid results in software and services were partially offset by softer mainframe sales.  ( 26 min )

Enterprise software provider IBM's second-quarter revenue fell short of Wall Street expectations on Wednesday, bogged down by tepid spending from businesses. IT service providers have warned of further pain as companies striving to cut costs in the face of rising inflation cut tech budgets, hurting the industry that saw rapid growth during the COVID-19 pandemic when businesses rushed to adopt hybrid work. IT majors such as Accenture and India's Tata Consultancy Services have also flagged demand weakness, with the former missing market estimates for quarterly revenue last month after its North America revenue grew at its slowest rate in about three years.  ( 7 min )

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Netflix reported earnings after the bell on Wednesday. Here's what to know.  ( 8 min )

Microsoft's Copilot pricing has analysts across Wall Street boosting their projections for the stocks performance over the next 12 months.  ( 8 min )

Workers and management at Lincoln Electric have agreed to an unusual arrangement that includes some major tradeoffs for a major benefit: no layoffs.  ( 15 min )

The housing market has grown exponentially since the COVID-19 pandemic, with owner-occupied housing wealth rising to $9 trillion from the first quarter of 2020 to the first quarter of 2022, according to the Federal Reserve. The rising demand, resulting from ultra-low interest rates and limited supply, played a crucial role in bolstering the housing market. Despite the Fed's contradictory hawkish stance resulting in sky-high mortgage rates, housing demand has continued to grow. Average home price  ( 8 min )

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JPMorgan Chase recently reported second-quarter results, with both revenue and earnings exceeding Wall Street's expectations. But CEO Jamie Dimon is erring on the side of caution. "There are still salient risks in the immediate view," he said in the earnings press release. "Consumers are slowly using up their cash buffers, core inflation has been stubbornly high — increasing the risk that interest rates go higher and stay higher for longer — quantitative tightening of this scale has never occurr  ( 9 min )

Oil field service companies shares are beating those of their customers  ( 25 min )

Tech giants will offer investors insight into everything from AI to VR/AR headsets during second quarter earnings season.  ( 9 min )

Susquehannah analyst Christopher Rolland reaffirmed a Neutral rating on the stock, raising his target for the price to $35 from $32.  ( 26 min )

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Netflix quietly removed its lowest-priced ad-free tier in the US just ahead of its quarterly earnings results on Wednesday.  ( 7 min )

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Disney World may be "the happiest place on Earth," but Disney shares have taken investors on a disappointing rollercoaster ride in the past year—leading many to jump off.  ( 26 min )

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With the EV king, Tesla Inc (NASDAQ: TSLA) scheduled to report its quarterly performance after market close, General Motors (NYSE: GM) is facing battery supply challenges and Ford Motor (NYSE: F) has dramatically cut prices for its F-150 Lighting pickup in response to weakened demand. Upon Ford’s news on Monday, Ford shares dropped 5.9%, GM followed with 3.1 % and Rivian (NASDAQ: RIVN) with a 3.3% drop, while Tesla shares rose 3.2% as its Cybertruck went into production. Despite Challenges, GM I  ( 9 min )

Carvana stock has been one of the most painful trades this year for investors betting against the pandemic-era highflier.  ( 7 min )

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Corona is still being seen as a big winner from the pullback in demand for Bud Light.  ( 8 min )

Microsoft and Activision have agreed to extend the deadline to close their $69 billion deal.  ( 8 min )

Truist's Youssef Squali is the latest analyst to boost his expectations ahead of the company's second-quarter earnings report.  ( 26 min )

Nikola won’t need any more shareholders to vote for a share count increase because a Delaware rule change lowers the threshold. The post Nikola clear to increase share count — thanks to Delaware rule change appeared first on FreightWaves.  ( 7 min )

Despite blowout delivery numbers for Q2, new data may be pointing to a demand problem for Tesla.  ( 8 min )

The average retirement account balance fell by 20% compared to 2021, according to Vanguard.  ( 7 min )

J.P. Morgan analyst Samik Chatterjee raised his rating and price target on the stock, which he thinks is too cheap.  ( 26 min )

Tesla is set to report earnings after the closing bell today. Investors will be closely watching the profitability of Elon Musk's electric-vehicle maker. Tesla has had feverish sales growth this year, with new vehicle deliv  ( 22 min )

The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 9 min )

These are good times for the markets. Inflation concerns are abating, showing that the Fed’s aggressive efforts to tame it are bearing fruit. At the same time, notes Oppenheimer’s Chief Investment Strategist John Stoltzfus, the strength exhibited by labor, the consumer, and business have contributed to “improved sentiment” in the stock market. While the rally that drove the gains in the first part of the year was led by the Mega Caps, it is now widening to less heralded corners. And that brings  ( 10 min )

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Carvana stock spikes 30% after company announces debt exchange deal, quarterly results  ( 8 min )

Carvana continued its recent rally, pressuring short sellers that had been betting on the company's demise earlier this year before a turnaround that has seen the stock gain more than 700% this year.  ( 8 min )

Stocks were searching for a foothold to extend their rally on Wednesday, as investors got ready for earnings from Goldman Sachs, with Netflix and Tesla due later.  ( 7 min )

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Fixed-income securities play an important role within individual investment portfolios and the economy at large. But like other securities, fixed-income instruments come in a myriad of variations, from short-term Treasury bills that only pay interest when the bill matures, to … Continue reading → The post Treasury Bills vs. Bonds: What's the Difference? appeared first on SmartAsset Blog.  ( 8 min )

There's no shortage of budgeting and spending rules when it comes to personal finance. One says you shouldn't spend more than 30% of your monthly income on housing. Another says to always save 10% of your income. Don't take more … Continue reading → The post Are You Using the Golden Ratio of Finance? appeared first on SmartAsset Blog.  ( 7 min )

If you die owing money on a mortgage, the mortgage remains in force. If you have a co-signer, the co-signer may still be obligated to pay back the loan. A spouse or other family member who inherits a house generally … Continue reading → The post What Happens to Your Mortgage When You Die? appeared first on SmartAsset Blog.  ( 9 min )

I am 81 years old. I have a home mortgage balance of $118,300. I also have a $110,000 rollover individual retirement account (IRA) invested with a bank. Should I withdraw the money from my investment and put the money to … Continue reading → The post Ask an Advisor: I'm 81, Have a $118K Mortgage and a $110K IRA. Should I Withdraw From My Investments to Pay off My Mortgage? appeared first on SmartAsset Blog.  ( 9 min )

Retiring at 40 with $2 million is an ambitious goal, but that doesn't mean it's impossible. While you'll need a decent salary or other sources of income or wealth, saving $2 million is not out of reach. If you plan … Continue reading → The post How to Retire at 40 With $2 million appeared first on SmartAsset Blog.  ( 9 min )

Depending on your age, if your income is below a certain threshold, you may not have to pay taxes. Here's what you need to know.  ( 9 min )

Where do millionaires keep their money? High net worth individuals put money into different classifications of financial and real assets, including stocks, mutual funds, retirement accounts and real estate. Most of the 20.27 million millionaires in the U.S. did not … Continue reading → The post Where Do Millionaires Keep Their Money? appeared first on SmartAsset Blog.  ( 9 min )

Are you maxing out the 401(k) plan you have at work every year? Do you still have money left for saving and investment after contributing the maximum to your 401(k) and maybe an IRA or two? If so, then you … Continue reading → The post Executive Deferred Compensation Plans appeared first on SmartAsset Blog.  ( 9 min )

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Rival Verizon also rose by a similar margin, helping the companies rebound from a selloff sparked by a Wall Street Journal report on July 9 that several telecoms giants abandoned a sprawling network of underground toxic lead cables. Several brokerages including J.P. Morgan and Citi had downgraded AT&T after the report, which said the cables may have contaminated neighboring soil and drinking water sources. AT&T said on Tuesday lead-clad cables "represent less than 10% of its copper footprint of roughly two million sheath miles of cable, the overwhelming majority of which remains in active service."  ( 7 min )

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Wall Street is looking for the electric-vehicle maker to report earnings per share of 80 cents, and sales of $24.2 billion for the second quarter. Gross-profit margins deserve a look, too.  ( 26 min )

Carvana shares soar after the online car retailer restructures its debt and announces quarterly results.  ( 8 min )

The telecoms company is looking to calm concerns over its potential liability for contamination, while analysts suggest the reaction that hit its and Verizon's stock was overdone.  ( 26 min )

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The results are likely to intensify the scrutiny of CEO David Solomon, who is wrestling with everything from partner unrest to concerns about strategy.  ( 8 min )

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(Bloomberg) -- Carvana Co. reached a deal with bondholders to reduce debt and extend some maturities as the used-car retailer tries to regain its footing following a disastrous push for growth during the pandemic.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaRags-to-Riches Wealth Fund Veteran Plans to Run for Singapore Preside  ( 7 min )

Carvana shares surged before the market open after the online used-car retailer said it had reached a deal to reduce its interest payments and indebtedness. The troubled Arizona-based company also reported a narrower second-quarter loss than analysts had expected early Wednesday. The stock jump, if  ( 22 min )

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The luxury industry can be fickle, as one of its most influential executives has found out. Shares in French luxury group Kering are up 6% after it announced that Marco Bizzarri, the chief executive of  ( 23 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

(Bloomberg) -- A trip to the restaurant that sits atop the No. 1 Poultry office block in London’s financial district is a chance to experience firsthand the Tale of Two Cities that’s upending the commercial real-estate market.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China on Data  ( 11 min )

ASML said it expects net sales growth this year of around 30% compared with 2022, compared with previous guidance of more than 25%.  ( 29 min )

Analysts are looking to see the impact of price cuts on the EV maker’s bottom line.  ( 26 min )

The online auto retailer will now report earnings before the market opens Wednesday, having previously set a date of Aug. 3 for its results.  ( 26 min )

Investors have fled healthcare stocks this year, ducking out of a trade that seemed a smart defensive play last year, as market conditions have changed.  ( 31 min )

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Inflation slowed at a faster-than-expected pace in June, amid a big fall in petrol prices and a slowdown in rising food costs.  ( 7 min )

Concerns about lead-sheathed wires have caused shares of the telecom giants to tumble and raised concerns about the safety of their payouts.  ( 26 min )

Dutch semiconductor equipment maker ASML on Wednesday reported second-quarter net profit of 1.9 billion euros ($2.13 billion) on sales of 6.9 billion euros, slightly ahead of analyst expectations. Analysts had seen net profit at 1.82 billion euros on revenues of 6.74 billion euros, according to Refinitiv data. ($1 = 0.8913 euros)  ( 6 min )

Martin Rucker became a Detroit firefighter in hopes of getting a full pension. But the city's bankruptcy left him with financial challenges.  ( 10 min )

Teamsters issued a strike notice at Yellow shortly after the carrier said it would defer two months of required benefits contributions.  ( 7 min )

Microsoft's one-day gain in market value is more than the entire valuation of about 450 S&P 500 companies.  ( 7 min )

HANOI (Reuters) -Vietnamese automaker VinFast said on Wednesday it would start construction of a $4 billion electric vehicle factory in North Carolina next week as part of its push to expand in the United States market. The unit of Vietnam's largest conglomerate Vingroup, which began operations in 2019, announced plans for the U.S. factory last year. "When it begins operations, the factory will be VinFast's primary supplier of electric vehicles to the North American market," said Thuy Le, head of VinFast Auto.  ( 7 min )

In a statement Tuesday evening, Yellow Corp. said it would defer health and pension contributions as planned. The post Yellow says it’s not paying even as potential strike looms appeared first on FreightWaves.  ( 7 min )

The U.S. Federal Reserve will raise its benchmark overnight interest rate by 25 basis points to the 5.25%-5.50% range on July 26, according to all 106 economists polled by Reuters, with a majority still saying that will be the last increase of the current tightening cycle. A resilient economy and historically low unemployment well over a year since the Fed began one of its most aggressive rate hiking campaigns in history has repeatedly confounded analysts and investors. Inflation is falling, with the headline consumer price index (CPI) measure slowing to 3.0% in June from 4.0% in May. That led many observers on Wall Street to conclude inflation might soon be tamed, prompting some to renew bets that rate cuts could happen by as soon as the end of 2023.  ( 7 min )

What should we make of the markets today? That’s the question on the minds of every market and economic expert out there – and it’s a challenging one. Inflation has dropped to 3% annually, and the labor market is hot. Stocks are up, indicating that investors have priced in the risk of higher prices. However, this leads to a problem highlighted by Piper Sandler’s chief strategist, Michael Kantrowitz. He points out that estimates for forward earnings are not keeping up with the positive sentiment.  ( 10 min )

Zeeuwen, Groningers en Drenten starten steeds vaker een eigen bedrijf. In de Randstad neemt het aantal startende ondernemers juist amper nog toe. Dat blijkt uit cijfers van de Kamer van Koophandel.  ( 4 min )

Een huishouden met een gemiddeld energieverbruik betaalde in juni 2.320 euro per jaar aan energie. Dat betekent een stijging van 37 procent (630 euro) ten opzichte van dezelfde periode vorig jaar.  ( 3 min )

Grote pensioenfondsen zagen hun financiële positie de afgelopen tijd verbeteren. Dit komt onder meer door gunstige beleggingen. Het is nog onduidelijk of dit ook betekent dat de pensioenen aan het einde van het jaar omhoog kunnen.  ( 4 min )

KPN kampt met een storing waardoor klanten problemen hebben met televisiekijken. Daardoor zijn in sommige regio's in Nederland alleen NPO 1, 2 en 3 te kijken, zegt een woordvoerder desgevraagd tegen NU.nl.  ( 3 min )

Heb je een VanMoof-fiets (besteld) of staat-ie ter reparatie in de werkplaats, dan breekt er een onzekere periode aan. Want krijg je je fiets (of je geld) nog wel terug nu VanMoof failliet is verklaard?  ( 5 min )

De prijzen voor tarwe en mais op de beurs in de Amerikaanse stad Chicago zijn woensdag flink gestegen na een Russisch dreigement over de scheepvaart naar Oekraïne. Het is opnieuw een escalatie na het aflopen van de zogenoemde graandeal.  ( 3 min )

Ruim 5,6 miljoen mensen reisden in juni van, naar of via Schiphol. Dat is een toename van 8 procent ten opzichte van dezelfde maand vorig jaar. Toen ging het om 5,2 miljoen mensen.  ( 3 min )

Rusland heeft laten weten weer te willen spreken over een verlenging van de Oekraïense graandeal, die begin deze week afliep. Maar dan moeten de Verenigde Naties er wel binnen drie maanden voor zorgen dat de Russische export weer soepeler verloopt.  ( 4 min )

De prijzen in het Verenigd Koninkrijk zijn afgelopen maand met 7,9 procent gestegen ten opzichte van dezelfde maand vorig jaar. Daarmee komt de Britse inflatie uit op het laagste niveau in een jaar tijd.  ( 2 min )

Pakketbezorger GLS heeft dinsdag onbedoeld e-mails verstuurd naar zo'n vijfduizend zakelijke en particuliere klanten. Dat laat het bedrijf woensdag weten aan NU.nl. In de mails stonden onder meer privégegevens van klanten.  ( 3 min )

Rusland heeft laten weten weer te willen spreken over een verlenging van de Oekraïense graandeal, die begin deze week afliep. Maar dan moeten de Verenigde Naties er wel binnen drie maanden voor zorgen dat de Russische export weer soepeler verloopt.  ( 4 min )

Grutto's, geelgorzen en graslandvlinders hebben voorlopig weinig aan de Europese natuurherstelwet: vrijwel alle maatregelen voor natuurherstel in boerenland zijn weggestemd door het Europees Parlement. Alleen regeringsleiders kunnen daar nog iets van doen terugkeren, en landen die zelf aan de slag gaan.  ( 8 min )

Er moeten duidelijke en heldere regels komen om de risico's van kunstmatige intelligentie (AI) tegen te gaan. Dat zegt de Veiligheidsraad van de Verenigde Naties, die voor het eerst bij elkaar kwam om over dit onderwerp te praten.  ( 4 min )

Cryptoplatform Binance sluit binnenkort zijn deuren voor Nederlandse gebruikers, dus moeten Nederlandse gebruikers vertrekken. Het handelsplatform maakt nu bekend dat je voor 17 augustus je cryptovaluta moet weghalen.  ( 3 min )

Gasunie verdient goed aan de aanvoer van vloeibaar aardgas (lng). De omzet van de gastransporteur steeg met bijna een kwart, vooral door extra gebruik van de drijvende terminal voor vloeibaar gas in de Eemshaven.  ( 3 min )

Grote bedrijven die veel stroom verbruiken kunnen in Zeeland voorlopig geen aanvraag meer doen voor nieuwe aansluitingen of verzwaring van hun huidige aansluiting. Netbeheerder TenneT zegt dat het stroomnet in Zeeland de maximumcapaciteit heeft bereikt.  ( 3 min )

Klanten van GLS hebben dinsdag een overweldigend aantal e-mails ontvangen die niet voor hen waren bedoeld. GLS maakt daarvan melding op zijn website. Volgens de pakketdienst was er sprake van een storing.  ( 3 min )

Deelscooterbedrijf Felyx mag zich niet meer 'duurzaam', 'schoon' of 'groen' noemen. Ook mag het bedrijf niet meer zeggen dat je CO2 bespaart door van de scooters gebruik te maken, oordeelt de Reclame Code Commissie.  ( 3 min )

Jumbo denkt dat de periode met flinke prijsverhogingen in de supermarkten langzaam maar zeker voorbij is. Wel waakt de supermarktketen voor te veel optimisme. Doordat lonen en huren nog oplopen, blijven prijzen in de supermarkt dat ook doen.  ( 3 min )

ASML verdient weer meer geld aan de verkoop van chipmachines in het tweede kwartaal van 2023. Hoewel het Veldhovense technologiebedrijf onder druk staat van de geopolitieke strijd tussen China en het Westen, is dat niet te zien in verkoopcijfers. Voor heel 2023 verwacht ASML een grote verkoopstijging.  ( 4 min )

The S&P 500 rose 0.2% on Wednesday, July 19, 2023 as the market rally continued to be fueled by solid earnings reports.  ( 1 min )

The rally in U.S. equities continued at midday on July 19, 2023, buoyed by more strong earnings reports.  ( 1 min )

Goldman Sachs leads another day of bank earnings and housing starts are expected to have pulled back in June after a jump in May. Here’s what investors need to know today.  ( 1 min )

Netflix scrapped its cheapest ad-free subscription plan in the U.S. and U.K. in an effort to boost revenue and draw more users to its ad-supported plan released last year.  ( 1 min )

Goldman Sachs net earnings plunged 58% as it wrote-off goodwill for its GreenSky consumer lending platform and marked down real estate investments all while investment bank dealmaking—a big source of its fee revenue—slowed down.  ( 1 min )

Tesla filed plans to expand its German gigafactory into the largest car plant in Europe.  ( 1 min )

Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.  ( 1 min )

Qualcomm chips will support Meta's Llama 2 Large Language Model (LLM), in a move that will bring LLMs—that typically need data centers to run because of computational requirements—to smartphones and PCs starting 2024.  ( 1 min )

The CSS Profile is a financial aid application used by nearly 250 colleges, universities, and scholarship programs to award non-federal aid.  ( 23 min )

Full-coverage car insurance includes liability insurance, which covers the other driver's costs if you're at-fault. Learn more about how these insurance policies work.  ( 23 min )

A business is bonded if it has a surety bond, a legal contract whereby a surety company assumes liability for a debt or other obligation one business owes to another.  ( 23 min )

An SBA loan is a small business business loan that is guaranteed by the U.S. Small Business Administration (SBA). The guarantee reduces risks for lenders.  ( 24 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The S&P 500 gained 0.7% on Tuesday, July 18, 2023, after a new round of strong corporate earnings reports.  ( 17 min )

Low-cost carriers have become powerful players in the airline sector. However, the COVID-19 pandemic changed the game.  ( 25 min )

Credit card posting is the point at which a transaction is "posted to" a cardholder's account and the money is either taken from or added to the account.  ( 22 min )

The U.S. government has two primary methods of raising capital. One is by taxing individuals, businesses, trusts and estates; and the other is by issuing fixed-income securities that are backed by the full faith and credit of the U.S. Treasury.  ( 20 min )

Implicit bias is a subconscious bias that can negatively affect a person's judgment, opinions, or decisions about other individuals or groups. It also can impair investing choices.  ( 26 min )

Your retirement security depends on how well you built your nest egg. Find out how to get the most out of your 401(k) plan.  ( 28 min )

Comcast's NBCUniversal is hiking prices for its Peacock streaming platform for the first time since it launched the service three years ago.  ( 18 min )

Adam Smith is considered the father of modern economics for his work in pioneering ideas such as free trade and the gross domestic product (GDP).  ( 26 min )

Lockheed Martin posted better-than-expected quarterly results and raised its guidance as demand for military weapons rose.  ( 16 min )

Microsoft announced an AI-powered premium version of its Microsoft 365 product that would cost users $30 per month. And it's doubling down on AI applications through tie-ups with companies like Meta.  ( 17 min )

Johnson & Johnson joined others in the pharmaceutical industry suing the government over new Medicare prescription drug price rules.  ( 17 min )

Corporate social responsibility (CSR) is a business model that helps a company be socially accountable to itself, its stakeholders, and the public.  ( 29 min )

Earnings at some of America’s biggest banks including JPMorgan Chase, Bank of America, and Wells Fargo were buoyed by rising loan balances, even as loan applications fell nationwide.  ( 19 min )

Income-oriented investors prioritize frequent dividend payments for income needs. Here are six real estate investment trusts that meet that criterion.  ( 23 min )

Find out whether a fund's performance is a result of the manager's abilities or just a fluke.  ( 20 min )

Discover the top Russian oil companies by production volume and find out more about their domestic and international business operations.  ( 21 min )

A pure play is a company that invests in one line of business, so its stock performance correlates highly to the performance of its sector.  ( 19 min )

How you invest is just as important as what you buy. Find out which style is right for you, and how to follow it.  ( 18 min )

Net advantage to leasing (NAL) refers to the total monetary savings that would result from a person or a business choosing to lease an asset, as opposed to purchasing it outright.  ( 18 min )

The slowdown in deposit flight allowed Charles Schwab's shares to rise about 12% in trading, despite a drop in net income in the second quarter.  ( 17 min )

Novartis ADRs jumped after the pharmaceutical firm raised its outlook, announced a stock buyback, and detailed spinoff plans.  ( 16 min )

China's disappointing GDP growth pushed European stocks and oil downward and triggered a shift in sentiment about future Fed rate changes.  ( 17 min )

Morgan Stanley posted record wealth management revenue and beat profit and sales estimates as the bank benefited from higher interest rates following the Fed's rate hikes to fight inflation.  ( 16 min )

Despite the ‘Great Resignation,’ one in four workers will be 55 or over by 2031, study shows.  ( 17 min )

Even if you planned carefully for your retirement years, you'll still need to manage your income, investments, and expenses in the years ahead.  ( 27 min )

The Dow and S&P 500 advanced at midday on July 18, 2023 following strong earnings reports from some of the nation's biggest banks.  ( 16 min )

Rates on 30-year mortgages rose for a second day, adding an eighth of a point over last week's low point. Most other averages also moved up, though jumbo rates were flat.  ( 20 min )

Through Lending Club’s high-yield savings accounts, you can earn a higher-than-average APY with no monthly service fees. All you need to get started is $100.  ( 20 min )

Bank of America reported double-digit growth in revenue and net income in the second quarter on Tuesday, as higher interest rates boosted income it generated from lending money.  ( 17 min )

A closed-end lease is a type of rental agreement that does not require the lessee to purchase the asset at the end of the lease.  ( 21 min )

Consumers spent $689.5 billion in June, 0.2% more than in May, but economists were expecting a 0.5% jump in spending.  ( 19 min )

Collision damage waiver (CDW) is additional insurance coverage offered to an individual renting an automobile.  ( 24 min )

The NAHB's Housing Market Index gained one point month-over-month, ending June at its highest level in a year.  ( 17 min )

When the terms premium and discount are used in reference to bonds, they are telling investors the purchase price of the bond is either above or below its par value.  ( 20 min )

Securities and Exchange Commission Chair Gary Gensler warned corporations to make accurate representations about their AI-related moves to ensure investors are not deceived.  ( 17 min )

Learn how to build these five types of portfolios to increase your investing confidence and give you financial control.  ( 23 min )

The Saving on a Valuable Education (SAVE) Plan is an income-driven repayment (IRD) plan introduced by the U.S. Department of Education that will replace the Revised Pay-As-You-Earn (REPAYE) plan.  ( 22 min )

A home improvement loan can be a type of personal loan, but it's also possible to fund home-related projects with other types of loans.  ( 22 min )

Secured loans are a type of loan backed by collateral, whereas unsecured loans don’t require collateral and are based primarily on a borrower's creditworthiness.  ( 21 min )

U.S. households are reporting lower levels of access to financial services and support compared to 2022, according to a survey by Principal. The U.S. reported a 12% decline from 2022 in residents who have access to things such as bank accounts, loans, mortgages, retirement and pension plans, and more.  ( 18 min )

Revenue is the total income earned by a company for selling its goods and services. Earnings are revenues minus all expenses associated with operating the business.  ( 21 min )

From its beginnings, Netflix has been a disruptor. Now, its popular streaming service is forcing the television industry to adapt or die trying.  ( 19 min )

Bank of America kicks off a busy day of bank earnings by beating its second quarter profit forecast and retail sales are expected to increase for June. Here’s what investors need to know today.  ( 19 min )

Wells Fargo offers two types of savings accounts, but the rates are low unless you carry a large balance.  ( 21 min )

Learn about Brazil's São Paulo Stock Exchange, also known as BOVESPA, one of the largest stock exchanges by market capitalization in the Americas.  ( 24 min )

Getting the best possible package for a college fund depends on minimizing assets and maximizing the energy you use to find possible funding sources.  ( 22 min )

Microsoft announced an AI-powered premium version of its Microsoft 365 product that would cost users $30 per month. And it's doubling down on AI applications through tie-ups with companies like Meta.  ( 1 min )

Comcast's NBCUniversal is hiking prices for its Peacock streaming platform for the first time since it launched the service three years ago.  ( 1 min )

Novartis ADRs jumped after the pharmaceutical firm raised its outlook, announced a stock buyback, and detailed spinoff plans.  ( 1 min )

Morgan Stanley posted record wealth management revenue and beat profit and sales estimates as the bank benefited from higher interest rates following the Fed's rate hikes to fight inflation.  ( 1 min )

Bank of America reported double-digit growth in revenue and net income in the second quarter on Tuesday, as higher interest rates boosted income it generated from lending money.  ( 1 min )

The S&P 500 gained 0.7% on Tuesday, July 18, 2023, after a new round of strong corporate earnings reports.  ( 1 min )

The Dow and S&P 500 advanced at midday on July 18, 2023 following strong earnings reports from some of the nation's biggest banks.  ( 1 min )

Bank of America kicks off a busy day of bank earnings by beating its second quarter profit forecast and retail sales are expected to increase for June. Here’s what investors need to know today.  ( 1 min )

(Bloomberg) -- Richard Cooper’s phone is something of an early alarm bell for the global economy. Lately, it’s been ringing a lot.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMorgan Stanley Moves 200 Tech Experts From China on Data LawMassive US Oil Caverns Sit Empty and Will Take Years to RefillA partner at Cleary Gottlieb,  ( 11 min )

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(Bloomberg) -- AT&T Inc. says less than 10% of its nationwide copper-wire telecom network has lead-clad cables, addressing investor concerns over the extend of a potentially massive contamination situation and costly cleanup.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeIn Man  ( 8 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 20 min )

(Bloomberg) -- Carvana Co.’s shares tumbled after the used-car retailer surprised investors with a last-minute change to its earnings plans.Most Read from BloombergTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeIn Manchester United Bidding War, Ratcliffe’s $16 Billion Fortune Might Not Be EnoughThe co  ( 7 min )

(Bloomberg) -- Apellis Pharmaceuticals Inc. shares headed for their worst two-day drop on record after confirming reports that some patients experienced severe inflammation following treatment with its eye drug.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMassive US Oil Caverns Sit Empty and Will Take Years to RefillTrump Gets Letter Saying He Is a Target of DOJ Jan. 6 ProbeTokyo Heat Smashes 1  ( 7 min )

(Bloomberg) -- Microsoft Corp. is one of the most-loved stocks on Wall Street, but even the wildly positive views surrounding the software giant haven’t been able to keep up with a rally that has already topped 50% this year.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMeet the Billionaire Who Convinced Messi to Pick MLS Over Saudi ArabiaMassive US Oil Caverns Sit Empty and Will Take Years to R  ( 7 min )

Shreya Datta spent months swiping through dating apps searching for a connection when she encountered "Ancel Mali," a self-proclaimed wine trader from France, on Hinge. Mali claimed he had recently relocated to West Philadelphia. Once they transitioned their conversation to WhatsApp, Mali swiftly deleted his Hinge profile, expressing a desire to prioritize their connection and focus solely on Datta. After engaging in online conversations filled with flirtatious emojis and selfies for a couple of  ( 9 min )

The security is trading at a fresh one-year high  ( 7 min )

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Software giant Microsoft plans to charge $30 a month per user for the new artificial-intelligence software, a potentially huge price hike for customers who adopt it.  ( 26 min )

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A new report shows Apple is gaining market share in India as the iPhone giant bets heavily on the country's rising middle class and manufacturing capabilities.  ( 8 min )

(Bloomberg) -- Hundreds of regular investors who together put up $63 million to buy pieces of Atlanta and Miami commercial real estate have allegedly seen their funds disappear. Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystMassive US Oil Caverns Sit Empty and Will Take Years to RefillTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeTrump Gets Letter Saying He Is a Target of DOJ J  ( 7 min )

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Comcast announced price increases for its Peacock streaming platform as the company plans to invest more heavily in content and user experience amid tough competition.  ( 8 min )

Only 10% of cloud servers are enabled with chips suited to accelerate AI projects, BofA says.  ( 26 min )

Shares of Microsoft jumped about 4% after the company made announcements about artificial-intelligence-related products. That puts Microsoft on pace to close at a new all-time high.  ( 22 min )

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Lordstown Motors filed for bankruptcy protection in late June. Somehow that fired up investor interest in shares of other unprofitable, electric-vehicle start-ups.  ( 26 min )

Jim Cramer, the charismatic host of "Mad Money" on CNBC, has made numerous intriguing stock picks. Recently, he opened up about what he calls a "disturbing experience" related to his commentary on a particularly hot tech name. "A friend came to me recently at a party and said he had figured out why I was so darn hated," he said in a video posted by CNBC on Instagram. "I was hated because of Nvidia." Cramer was not pleased, saying he doesn't like friends to tell him he's hated. "And I certainly d  ( 9 min )

The debt-laden carrier is seeking to defer contributions as it struggles with liquidity.  ( 26 min )

(Bloomberg) -- Microsoft Corp. said new corporate artificial intelligence tools that work with Office software, called Microsoft 365 Copilot, will cost $30 per user per month on top of what most business customers already pay.Most Read from BloombergSingapore Passport Is World’s Most Powerful, Replacing JapanMassive US Oil Caverns Sit Empty and Will Take Years to RefillTesla Investor Rode a 14,800% Gain Thanks to 27-Year-Old AnalystTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes Globe  ( 7 min )

The pop star has tapped the lawyer who helped her win a sexual-misconduct case.  ( 26 min )

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The biggest-ever video game merger that was scheduled to close July 18 still faces some hurdles.  ( 8 min )

The White House released data showing the number of borrowers in each state who were eligible for automatic loan relief under the one-time payment adjustment for income-driven repayment (IDR) plans. We show the map.  ( 6 min )

Following a nuclear-like run-up in Tesla stock, investors are facing another big moment with second quarter earnings on tap after the bell on Wednesday.  ( 8 min )

Major American providers of oilfield services supplied Russia with millions of dollars in equipment for months after its invasion of Ukraine, helping to sustain a critical part of its economy even as Western nations launched sanctions aimed at starving the Russian war effort. Russia imported more than 5,500 items worth more than $200 million from the top five U.S. firms in the sector — led by SLB, Baker Hughes and Halliburton — in the year following the invasion that began in February 2022. The technology helped keep some of the world’s most challenging oilfields operating in a sector that provided nearly half of Russia’s federal revenues in 2021.  ( 10 min )

Shares of AT&T and other telecommunications stocks rebounded in early trading after falling to multiyear lows yesterday. AT&T, which finished Monday at its lowest close since February 1993, was recently up 2%. Veri  ( 22 min )

The firm lost 31% of its deposits during the second quarter, but its results were largely better than Wall Street expected.  ( 7 min )

(Bloomberg) -- Western Alliance Bancorp spent much of this year ensnared in turmoil sparked by a series of regional bank collapses that spooked its investors and attracted short sellers.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore Passport Is World’s Most Powerful, Replacing JapanTokyo Heat Smashes 150-Year Trend as Extreme Weather Bakes GlobeUS Plans Narrow China Tech Investment Limits, Likely by 2024Tesla Investor Rode a 14,800% Gain Thanks to  ( 8 min )

Carnival upgraded, Norwegian Cruise downgraded: Wall Street's top analyst  ( 9 min )

In the wake of the very encouraging latest inflation report, there’s a sense of renewed optimism on Wall Street. There is growing confidence that the series of interest rate hikes taken by the Fed since March 2022 in its effort to tame inflation is about to come to an end. While that positive development has been hogging the headlines, BlackRock CEO Larry Fink thinks the economy is facing a big issue elsewhere: the US debt is spiraling out of control. In June, for the first time ever, national d  ( 10 min )

PNC Financial was the first big regional to report results this morning, in what is expected to be a critical earnings season for banks after several failures this year. Shares of PNC rebounded from pr  ( 23 min )

AT&T and Verizon stocks were in the green Tuesday even as uncertainty around the potential cost to clean up lead-covered cables loomed.  ( 26 min )

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Former Dow CEO and current Lucid board member Andrew Liveris weighs in on the EV maker's plans.  ( 8 min )

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The court decision is important not only because it could give drivers more rights to claim expenses, but also because it may open up food delivery and ride-sharing companies to fresh rounds of large-scale class-action lawsuits.  ( 29 min )

The logistics-property giant is building and buying warehouses even as interest rates rise and logistics demand falters.  ( 25 min )

With a massive net worth of $114 billion and a reputation as one of the greatest investors in history, Warren Buffett's words carry immense weight in the financial world. At the age of 92, Buffett's wealth of experience makes him a trusted source of advice for many. One particular piece of timeless wisdom he shared years ago resonates strongly today: Politics has no place in the realm of investing. During a 2019 conversation with CNBC’s Becky Quick, Buffett, chairman of Berkshire Hathaway Inc.,  ( 9 min )

The loss on the portfolio, which totals $614 billion, increased by nearly $7 billion relative to the first quarter.  ( 26 min )

The jet maker reported adjusted earnings per share of $6.75 from $16.7 billion in sales, Tuesday. Wall Street was looking for $6.45 from $15.9 billion.  ( 26 min )

Saving for retirement is a lifelong undertaking. It involves keeping your retirement goals in mind as you have children, get different jobs and move from place to place. However, a recent study from the Center for Retirement Research at Boston College … Continue reading → The post Empty Nester? This Avoidable Mistake Could Jeopardize Your Retirement appeared first on SmartAsset Blog.  ( 9 min )

Saving for retirement is a top financial priority for many. If you're one of those who has prioritized retirement by opening a Roth 401(k), it's crucial to use the account optimally to build tax-free retirement income. The IRS has raised … Continue reading → The post Roth 401(k) Contribution Limits for 2023 appeared first on SmartAsset Blog.  ( 9 min )

Tesla's second-quarter report is coming. Investors will study the electronic-vehicle giant's earnings, but they will be keen to see capacity, among other things.  ( 26 min )

Falling inflation has helped boost stocks—and could keep the rally going.  ( 26 min )

↘️ Bank of America (BAC): The nation’s second-largest bank reported a 19% rise in quarterly profit and said earning  ( 23 min )

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PNC Financial Services Group earnings were flat year over year, but came in ahead of expectations.  ( 26 min )

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Customers have been pulling money from sweep accounts for the past year, forcing Schwab to rely more on costly short-term funding sources.  ( 29 min )

Shares of the bank fell nearly 3.5% in premarket trading as it estimated NII to rise 5% to 6% in 2023 from last year, compared to its previous forecast of 6% to 8% growth. The cut in full-year expectations for NII - the difference between the interest banks earn on loans and pay out on deposits - came even as PNC reported a 15% jump in NII to $3.51 billion. The rate increases by the U.S. Federal Reserve to rein in sticky inflation have boosted lenders' income from bigger interest payments, but banks have warned that the higher borrowing costs could soon start to weigh on loan demand.  ( 7 min )

Net income for Morgan Stanley fell to its lowest level in more than three years as it struggled with sluggish trading and deal making.  ( 9 min )

Melius Research started coverage of Nvidia, Microsoft and Apple with Buy ratings on their AI potential but were more skeptical about Google-parent Alphabet.  ( 26 min )

The result from the nation's second-largest bank is the latest demonstration of how some of the largest US lenders are thriving as regional rivals struggle.  ( 7 min )

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She also questioned his close relationships with several Tesla board members and whether the board had failed to act in shareholders’ best interests.  ( 9 min )

Bank of America joined the fray with its second-quarter earnings this morning. Here are the highlights: The nation’s second-largest bank earned $7.41 billion, up 19% from $6.25 billion a year earlier. That amounts to 88 cents per share. Analysts expected 84 cents, according to FactSet. Revenu  ( 23 min )

Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. On a per-share basis, BofA earned 88 cents, compared with 73 cents one year ago. Like its major competitors, BofA has benefitted from wealthy clients, businesses and other customers moving deposits to the bank in search of safety after this spring’s bank failures.  ( 7 min )

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Elon Musk, Larry Ellison and other current and former members of Tesla's board of directors will return $735 million to settle claims that they massively overpaid themselves.  ( 7 min )

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Bank of America, Morgan Stanley, Charles Schwab, and Lockheed Martin are among companies scheduled to report earnings Tuesday. Novartis rises after boosting its full-year outlook and Masimo tumbles after issuing a weak second-quarter sales forecast.  ( 26 min )

Bitcoin and Ether both fell below key price levels earlier but returned above as investors remained optimistic after the U.S. Securities and Exchange Commission (SEC) accepted the second Bitcoin exchange-traded fund (ETF) application for review, from asset manager Valkyrie.  ( 7 min )

(Bloomberg) -- Owuraka Koney forms part of an elite group on Wall Street: Those who foresaw Tesla Inc.’s wild growth potential before it even went public.Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealUS Plans Narrow China Tech Investment Limits, Likely by 2024Koney was just 25 when he stumbled  ( 12 min )

Flagship Pioneering, an investment vehicle helmed by Noubar Afeyan, a co-founder of Moderna and its chairman, bought $12.5 million of shares of biotech Evelo.  ( 26 min )

Barron's live coverage of financial markets, from stocks and bonds to oil and crypto.  ( 9 min )

Taiwanese chipmaker TSMC is expected to report a 27% fall in second-quarter net profit on Thursday, as global economic woes dent demand for semiconductors, though analysts say business performance is likely to improve in the current quarter. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), the world's largest contract chipmaker and a major Apple and Nvidia supplier, is likely to report net profit for the April-June period of T$172.53 billion ($5.58 billion), down from T$237.0 billion a year earlier, according to the average of 21 analysts polled by Reuters. The forecast decline in profit partly reflects a robust performance in the previous year, when the company was still riding high on pent-up post-pandemic demand.  ( 7 min )

The spectre of rising corporate debt defaults exacerbating a global economic slowdown has for months been largely brushed aside by resilient credit markets. Now, long-feared corporate debt woes are starting to hit home, while more companies are being downgraded to a junk credit rating - facing higher borrowing costs as a result. Retailer Casino, with 6.4 billion euros ($7.19 billion) of net debt, is in court-backed talks with creditors; Britain's Thames Water is in the headlines with its 14 billion pound ($18.32 billion) debt pile.  ( 8 min )

The sale comes a day after ARK sold $50.5 million of the crypto exchange’s stock.  ( 6 min )

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Chipmachinemaker ASML neemt ongeveer honderd medewerkers van medisch technologiebedrijf Philips over. De werknemers leverden al diensten aan andere bedrijven, waaronder ASML. Zo werkten ze al aan zeer precieze meetinstrumenten van de chipfabrikant. Dat maakt de overstap makkelijk.  ( 3 min )

De storing bij de Rabobank is voorbij, meldt de bank op Twitter. Door de storing, die dinsdag rond het middaguur voor het eerst werd gemeld, konden klanten geen transacties afronden en dus geen geld overboeken.  ( 3 min )

De appel- en perenoogst in ons land zal dit jaar kleiner zijn dan in 2022. De verwachting is dat er 207 miljoen kilo appels en 341 miljoen kilo peren worden geplukt.  ( 3 min )

Voormalig Nissan-topman Carlos Ghosn is met zijn rechtszaak tegen de Japanse autofabrikant niet uit op wraak. Het is volgens hem een poging de mensen die tegen hem samenspanden ter verantwoording te roepen.  ( 4 min )

Met een opvallend design, technische snufjes en gelikte marketing wist VanMoof de e-bike sexy te maken. Maar de fietsen gingen vaak kapot en waren voor velen te duur door de unieke onderdelen. Dat deed het bedrijf de das om.  ( 4 min )

Voormalig Nissan-topman Carlos Ghosn is met zijn rechtszaak tegen de Japanse autofabrikant niet uit op wraak. Het is volgens hem een poging de mensen die tegen hem samenspanden ter verantwoording te roepen.  ( 3 min )

De Turkse lira heeft dinsdag een nieuw dieptepunt bereikt ten opzichte van de euro en de dollar. Daarmee zet de vrije val van de Turkse munt sinds de verkiezingen van 28 mei onverminderd door.  ( 3 min )

De Turkse lira heeft dinsdag een nieuw dieptepunt bereikt ten opzichte van de euro en de dollar. Daarmee zet de vrije val van de Turkse munt sinds de verkiezingen van 28 mei onverminderd door.  ( 3 min )

De curator van Score is nog in onderhandeling met partijen die de kledingwinkels willen doorzetten. De keten ging in juni failliet. Het spijkerbroekenmerk CHASIN' van Score heeft al wel een nieuwe eigenaar.  ( 3 min )

Rabobank heeft dinsdag te maken met een storing, waardoor klanten geen overboekingen kunnen doen. De bank werkt aan een oplossing.  ( 3 min )

Dit weekend kregen twintigduizend mensen een brief van Dienst Toeslagen. Daarin staat dat ze wel recht hebben op zorgtoeslag, terwijl ze die niet aanvragen. Nog steeds vraagt een op de tien huishoudens die recht hebben op zorgtoeslag die niet aan.  ( 4 min )

Brusselse supermarkten moeten in 2024 voedsel dat bijna over datum raakt, doneren aan de voedselhulp. Daar worden ze toe verplicht door een besluit van de Brusselse regionale overheid.  ( 3 min )

Bakkers verwachten op korte termijn geen flinke prijsstijgingen van brood nu de deal over de export van graan uit Oekraïne via de Zwarte Zee is verlopen. Dat komt vooral doordat ze werken met langetermijncontracten.  ( 3 min )

Frankrijk gaat door de overheid gereguleerde energieprijzen in augustus 10 procent verhogen. Het land wil in stapjes terug naar normale prijzen. Een overheidscommissie dacht er eerst nog over de prijzen met bijna 75 procent te verhogen.  ( 3 min )

Kunstmatige intelligentie (AI) gaat de leeftijd van modellen in alcoholreclames vanaf nu scherper in de gaten houden. Het gaat dan niet om de echte leeftijd, maar om hoe oud de modellen ogen. In juni haalde Heineken nog posters weg omdat modellen te jong leken.  ( 4 min )

Big Bazar moet enkele winkels in Noord-Holland sluiten omdat de winkelketen de huur niet meer kon betalen. Daarover bericht RTL Nieuws. Bij meerdere verhuurders heeft Big Bazar huurachterstanden.  ( 3 min )

Kunstmatige intelligentie (AI) gaat de leeftijd van modellen in alcoholreclames vanaf nu scherper in de gaten houden. Het gaat dan niet om de echte leeftijd, maar om hoe oud de modellen ogen. In juni haalde Heineken nog posters weg omdat modellen te jong leken.  ( 3 min )

De bekritiseerde fietsenfabrikant VanMoof is dinsdag failliet verklaard door de Amsterdamse rechtbank. Vorige week kreeg VanMoof al uitstel van betaling, werd een verkoopstop aangekondigd en sloten de winkels. Klanten wacht nu een onzekere periode.  ( 5 min )

Het aantal woningverkopen neemt dit en volgend jaar af en ook de huizenprijs zal tot 2024 blijven dalen. Dat verwachten economen van ABN AMRO. Volgens de bank duurt het even voordat huizen door loonstijgingen weer betaalbaarder worden.  ( 3 min )

Door de snelle opkomst van kunstmatige intelligentie met programma's als ChatGPT en Midjourney moeten ook de risico's in kaart worden gebracht. Dinsdag komt de Veiligheidsraad van de Verenigde Naties voor het eerst bij elkaar om daarover te praten.  ( 3 min )

Flitsbezorgers hebben grote moeite om zich staande te houden op de Nederlandse markt. De kosten en levertijden lopen op en consumenten zijn steeds meer kwijt aan hun boodschappen.  ( 4 min )

(Bloomberg) -- When a “special rebalance” of the Nasdaq 100 Index was touched off to curb the dominance of the biggest technology stocks, Meta Platforms Inc. was the only megacap to fall below a crucial threshold for downsizing. Now it seems the social media giant will be pared back anyway. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyMassive US Oil Caverns Sit Empty and Will Take Years to RefillRussia  ( 8 min )

(Bloomberg) -- Microsoft Corp. and Activision Blizzard Inc. are nearing the finish line on their $69 billion deal, but aren’t likely to close it by a Tuesday deadline, people familiar with the deal said. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Sei  ( 8 min )

Telecom stocks continue slide after WSJ investigation into toxic lead cables.  ( 25 min )

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Berkshire Hathaway, led by CEO Warren Buffett, had invested in videogame maker Activision to capture the arbitrage spread.  ( 26 min )

(Bloomberg) -- Cathie Wood said Nvidia Corp. is now an “obvious” artificial intelligence bet, and she’s buying up shares of other companies that can capture more upside from the potentially transformative technology. Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyDollar’s Busted Bull Run Has Bears Calling End of an EraRussia Pulls the Plug on Ukraine Grain Export DealYellen Says China Slowdown Risks  ( 7 min )

Wall Street expects earnings per share of $6.45 from $15.9 billion in sales. The defense company reported $6.43 in EPS and $15.1 billion in sales in the first quarter.  ( 26 min )

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(Bloomberg) -- While the deeply inverted yield curve has stoked anxiety among investors about the prospect of a recession, Goldman Sachs Group Inc. has a different message: stop worrying about it. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyMassive US Oil Caverns Sit Empty and Will Take Years to RefillRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Seizing As  ( 7 min )

The U.S. government on Monday sued a New York-based company for allegedly operating a so-called "massive 'consent farm' enterprise" to trick nearly 1 million people a day into providing personal information and consent to receive telemarketing calls. Fluent LLC was accused of having since 2011 used deceptive ads and websites to promise free rewards, including from familiar brands such as Amazon and Walmart, that were impossible to obtain, and interviews for jobs that did not exist. The Department of Justice and Federal Trade Commission said Fluent's true purpose was to sell "leads" to telemarketers that later inundated consumers with robocalls, texts and emails about auto warranties, debt reduction, for-profit education, pain cream, solar energy and other products and services.  ( 6 min )

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A TD Cowen analyst reaffirmed his Market Perform rating for TSMC stock and reiterated his price forecast of $85 for its American depositary receipts.  ( 26 min )

Wall Street is expecting Bank of America’s profit to increase by 11% to $6.9 billion compared with the year-ago quarter.  ( 26 min )

A report that found that lead-covered cables are contaminating parts of the country is a new risk for telecom stocks.  ( 7 min )

Kiwi Camara, CEO of Austin-based legal technology firm CS Disco Inc., is one of the few executives who can claim a compensation package surpassing that of Apple Inc. CEO Tim Cook. While Cook is expected to face a pay cut this year of around 40%, following shareholder guidance and his own recommendation, his compensation for fiscal 2022 reached $99.4 million, as disclosed in Securities and Exchange Commission filings. Don’t Miss: Until 2016 it was illegal for retail investors to invest in high-gr  ( 8 min )

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The losses, which totaled $99 billion at the end of the first quarter, have weighed on its stock.  ( 29 min )

(Bloomberg) -- Tesla Inc. directors, including co-founder Elon Musk, agreed to return more than $735 million in stock awards to settle an investor lawsuit accusing board members of improperly giving themselves massive compensation packages.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsRussia Pulls the Plug on Ukraine Grain Export DealYellen Says Chi  ( 7 min )

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A "disinflationary soft landing" will send the S&P 500 to a record high between 4,800 and 5,400 over the next 18 months, the veteran market watcher says.  ( 9 min )

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Shares of AT&T Inc fell more than 5% to hit their lowest level in thirty years on Monday, after analysts downgraded the stock following a news report that the telecommunications giant left toxic lead cables buried across the United States. A Wall Street Journal report on July 9 named AT&T and Verizon among several telecom giants that abandoned a sprawling network of underground toxic lead cables, with a huge number of them possibly contaminating neighboring soil and drinking water sources. Analysts at Citigroup and JPMorgan both lowered their recommendations on AT&T shares in recent days.  ( 7 min )

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(Bloomberg) -- China Evergrande Group posted combined losses of more than $81 billion over two years as the world’s most-indebted developer releases its long-delayed results in a bid to resume stock trading.Most Read from BloombergSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsRussia Pulls the Plug on Ukraine Grain Export DealIsrael Quietly Embeds AI Systems in Deadly Military OperationsYellen Says China Slowdown Risks Spillover  ( 7 min )

“The realization that the market needs to reprice substantially has driven us to make a big downgrade in our forecast,” says Capital Economics' Kiran Raichura.  ( 11 min )

(Bloomberg) -- Rothschild & Co. is facing pressure from some bondholders who want the bank to repurchase a deeply discounted bond sold almost 40 years ago.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraMassive US Oil Caverns Sit Empty and Will Take Years to RefillSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Pulls the Plug on Ukraine Grain Export DealRussia Derails Danone, Carlsberg Exits by Seizing AssetsThe notes, known in the industry as di  ( 7 min )

Shares of the entertainment company have struggled as investors have worried about the Hollywood strikes, among other factors.  ( 26 min )

Hollywood actors Ryan Reynolds and Rob McElhenney have reportedly acquired a stake in the Alpine Formula One team as part of a $218 million deal without putting in any of their own money. According to The Mail, Reynolds and McElhenney agreed to join a consortium that purchased a 24% stake in the team, which is now valued at around $900 million following the investment. The consortium includes American investment firms Otro Capital and RedBird Capital Partners. Reynolds and McElhenney are expecte  ( 8 min )

Tesla's Cybertruck, Ford's F-150, and even perhaps GM's Chevy Silverado are weighing on shares of electric-truck maker Rivian in early trading Monday.  ( 29 min )

Shares of Tesla rose to start the week, putting the electric-vehicle maker's shares among the S&P 500's top advancers in morning trading. Tesla stock was recently up 1.7%. The move follows the news that the company built [its first Cybertruck](https://www.wsj.com/articles/tesla-begins-cybertruck-pr  ( 22 min )

If the Federal Reserve has pulled off a soft landing, it may be due to shifts in the composition of U.S. debt since 2008, writes Larry Hatheway.  ( 50 min )

Smaller fracking companies are feeling the pinch of inflation, lower oil and gas prices, and fewer prime drilling spots.  ( 26 min )

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There's a reason that Social Security is called "the third rail of American politics" – as in, touch it and die. Most Americans – especially seniors – are fiercely protective when it comes to their retirement benefits. A financial advisor … Continue reading → The post Almost 8 in 10 People Oppose Raising the Full Retirement Age for Social Security appeared first on SmartAsset Blog.  ( 8 min )

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Some regional banks that begin reporting their second-quarter results this week are expected to revise down their estimates of a key measure of profitability.  ( 10 min )

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Struggling used-car dealer’s shares are hot, but business sags and investors worry about the family’s plans.  ( 25 min )

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Citi analyst lowered his rating on AT&T stock to Neutral/High Risk from Buy following a similar downgrade by J.P. Morgan.  ( 26 min )

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Citi analysts raised their target price on Nvidia to $520 from $420 previously, arguing it can keep a 90% market share in AI chips.  ( 29 min )

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The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 19 min )

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It turns out younger male employees might be coming around to Corcoran's way of thinking.  ( 7 min )

Managing your taxes can be one of the most complex aspects of estate planning and a new IRS rule change continues that trend. The rule, published at the end of March, changes how the step-up in basis applies to assets held in an irrevocable trust. If you need help interpreting the IRS rule change or setting […] The post Want to Leave Assets to Heirs? IRS Rule Change Should Have You Rethinking Your Irrevocable Trust appeared first on SmartReads CMS - SmartAsset.  ( 7 min )

Stocks opened mixed in muted action Monday as China's economy continued to falter and with more earnings reports ahead.  ( 7 min )

Stock futures struggled for momentum ahead of the bell Monday after more signs that China's economic recovery is still lagging, as investors got set for a busy week of earnings reports.  ( 7 min )

Comparisons to the fast casual dining juggernaut look stretched aside from a hot IPO.  ( 25 min )

(Bloomberg) -- Oil bulls moving back into the market are making a big mistake, according to one of Wall Street’s most prominent forecasters.Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsUkraine Grain-Export Deal Collapses as Russia Terminates ItCrude futures jumped above $80 a barrel in L  ( 6 min )

Netflix investors will assess risks from the ongoing strike in Hollywood when the company reports quarterly results on Wednesday, but analysts said it was well positioned due to its solid pipeline of shows and international production crew. Striking Hollywood actors have joined film and television writers on picket lines, forcing U.S. studios to shutter productions as workers battle over pay in the streaming TV era. Some of the people on strike are also picketing the Netflix offices in Los Angeles.  ( 8 min )

Tesla's strategy to boost sales through price cuts is likely to have powered its strongest revenue growth in five quarters while dragging down margins to a three-year low in the April-June period. The Elon Musk-led electric-vehicle maker has since late last year launched a price war to stoke demand and quell competition from legacy automakers such as Ford Motor and Chinese rivals including BYD. Tesla's earnings on Wednesday are expected to show its gross profit margin declined to 18.9% in the second quarter, according to 19 analysts polled by Visible Alpha.  ( 8 min )

Microsoft signs an agreement to keep the 'Call of Duty' videogame franchise on Sony’s PlayStation consoles following Microsoft's acquisition of Activision.  ( 29 min )

Feel out a company's culture this earnings season. It could be a worthwhile exercise down the line.  ( 8 min )

(Bloomberg) -- The biggest US banks are facing tougher competition for deposits and shelling out more to keep them. That doesn’t bode well for their smaller peers. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia Derails Danone, Carlsberg Exits by Seizing AssetsIsrael Quietly Embeds AI Systems in Deadly Military OperationsUPS Union Asks Biden Not to Intervene in Case of StrikeAmerica’s regional lende  ( 9 min )

Tesla's first Cybertruck rolls off the assembly line, and United Airlines and its pilots reach a contract agreement. Both Tesla and United also report earnings this week as do Bank of America, Morgan Stanley, Goldman Sachs, and Netflix.  ( 27 min )

Tesla announced over the weekend that the first Cybertruck had been built at the company’s factory in Texas.  ( 26 min )

Cathie Wood's ARK Invest sold another $50.5 million worth of Coinbase (COIN) shares on July 14 to cash in on the recent rally in the cryptocurrency exchange stock. The tech-focused investment manager owns over 10.5 million shares in Coinbase making it one of the largest holders of the stock. Coinbase shares recently rose to a one-year high of $107 after the exchange announced surveillance-sharing agreements with five spot bitcoin exchange-traded fund applicants, which may prove to be the breakthrough in the Securities and Exchange Commission (SEC) finally approving such a fund to be listed in the U.S.  ( 6 min )

(Bloomberg) -- Richemont shares declined after the Swiss luxury-goods maker reported an unexpected decline in sales from the Americas, raising concern over how weak the US market might get. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes Temporary Control of Danone, Carlsberg AssetsUPS Union Asks Biden Not to Intervene in Case of StrikeHistory Says It’s Time to Buy Long-Term Bonds as Peak R  ( 7 min )

(Bloomberg) -- Czech billionaire Daniel Kretinsky is set to take control of Casino Guichard Perrachon SA after a trio of French businessmen led by telecommunications investor Xavier Niel pulled out of the race for the troubled grocer. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes Temporary Control of Danone, Carlsberg AssetsUPS Union Asks Biden Not to Intervene in Case of StrikeHistory Sa  ( 8 min )

Globally agreed rules leave crypto firms with no option but to introduce basic safeguards to prevent the blow-ups seen at FTX exchange and other crypto casualties, the G20's Financial Stability Board said on Monday. The FSB published on Monday final recommendations requested by the G20 on supervising firms that trade cryptoassets such as bitcoin. "As recent events have illustrated, if linkages to traditional finance were to grow further, spillovers from cryptoasset markets into the broader financial system could increase," the FSB said.  ( 6 min )

Here is your Pro Recap of the biggest analyst cuts you may have missed since Friday: downgrades at AT&T, Twilio, PepsiCo, and Telus International. AT&T (NYSE:T) was recently down some 1.7% pre-market Monday after Citi downgraded the company to Neutral from Buy and cut its price target to $16.00 from $22.00 - and also designated it "High-Risk." Citi said that while it has "an opportunity to sustain positive revenue growth, improve margins and FCF, and find valuation support near current level," it also believes AT&T "could incur possible future liabilities and financial risk from the industry’s historical use of lead sheathed cabling."  ( 8 min )

Here is your Pro Recap of the biggest analyst picks you may have missed since Friday: upgrades at Microsoft, Plug Power, Baidu, and General Mills. UBS upgraded Microsoft (NASDAQ:MSFT) to Buy from Neutral and raised its price target to $400.00 from $345.00 given evidence of stabilizing cloud infrastructure spending, positive near-term AI catalysts, and an attractive valuation.  ( 7 min )

The U.S. SEC has accepted BlackRock’s application for a spot Bitcoin ETF, a major step for the potential launch of the country’s first spot Bitcoin ETF.  ( 7 min )

China Evergrande Group, the world's most indebted property developer, is expected to post on Monday significant losses in its long overdue results for 2021 and 2022 - numbers the market will scour for updates on the company's liquidity. After announcing an offshore debt restructuring plan in March, it is now garnering support to complete the process. With about $300 billion of total liabilities, Evergrande's debt problem has rippled through China's property sector, a pillar of the world's second-largest economy, leading to a string of defaults and uncompleted homes in the country.  ( 7 min )

Asian shares were mostly lower on Monday after China reported weaker growth than forecast in the last quarter. Markets in Japan were closed for a holiday and Hong Kong’s market closed due to a typhoon. U.S. futures and crude oil prices were lower. The Shanghai Composite index dropped 1.2% to 3,199.17 after China reported its economy grew at a 6.3% annual pace in April-June.  ( 9 min )

The United States is working with India to develop an investment platform to lower the cost of capital and increase private investment to fast-track India's energy transition, U.S. Treasury Secretary Janet Yellen said on Monday. "We are close to reaching an agreement on the global minimum tax system," said Yellen, after a bi-lateral meeting with India's finance minister Nirmala Sitharaman on the sidelines of a G20 meeting.  ( 6 min )

News, analysis and comment from the Financial Times, the worldʼs leading global business publication  ( 5 min )

(Bloomberg) -- It’s not a misprint. Telecom Italia SpA, Italy’s beleaguered former telephone monopoly, once pitched a plan to buy Apple Inc. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes ‘Temporary’ Control of Danone, Carlsberg AssetsHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearUS Homeowners Are Tapping $9 Trillion in Real Estate WealthAbout 25 years ago a group of exec  ( 11 min )

(Bloomberg) -- China’s economy grew slower than expected in the second quarter, with consumer spending easing notably in June, sounding more alarm bells about the recovery. Most Read from BloombergDollar’s Busted Bull Run Has Bears Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsRussia Takes ‘Temporary’ Control of Danone, Carlsberg AssetsHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearUS Homeowners Are Tapping $9 Trillion in Real Estate WealthGr  ( 6 min )

China's economy grew at a frail pace in the second quarter, although the annual figure was flattered by base effects, data showed on Monday, with overall momentum faltering rapidly due to weakening demand at home and abroad. Gross domestic product (GDP) grew just 0.8% in April-June from the previous quarter, data released by the National Bureau of Statistics showed, versus analysts' expectations in a Reuters poll for a 0.5% increase and compared with a 2.2% expansion in the first quarter. On a year-on-year basis, GDP expanded 6.3% in the second quarter, accelerating from 4.5% in the first three months of the year, but the rate was below the forecast for growth of 7.3%.  ( 7 min )

(Bloomberg) -- Asian shares face headwinds Monday after the rally in US bonds and stocks hit a wall Friday amid concern that the Federal Reserve can’t claim victory over inflation yet.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tig  ( 8 min )

China's industrial output grew 4.4% in June from a year earlier, unexpectedly accelerating from 3.5% seen in May, but demand remains lukewarm amid a bumpy post-COVID economic recovery. The data released by the National Bureau of Statistics (NBS) on Monday came above expectations for a 2.7% increase in a Reuters poll of analysts. China's post-pandemic economic recovery has slowed sharply after a brisk start in the first quarter, with the central bank pledging more support to boost activity and consumer and business confidence.  ( 5 min )

Bitcoin rose to trade at over US$30,300 on Monday morning in Asia, but the price fell over the weekend to around the pre-Ripple ruling level.  ( 8 min )

Oil prices dipped for a second session on Monday after Libya resumed production over the weekend while China, the world's largest crude importer, is expected to release economic data showing that its post-pandemic recovery is fizzling out. Brent crude futures fell 57 cents, or 0.7%, to $79.30 a barrel by 0055 GMT while U.S. West Texas Intermediate crude was at $74.90 a barrel, down 52 cents, or 0.7%. Prices softened after both benchmarks last week notched a third straight week of gains and touched their highest levels since April when output was shut at oilfields in Libya and Shell halted exports of a Nigerian crude, tightening supply.  ( 7 min )

A bruised dollar took respite on Monday after suffering its worst weekly drop of the year, as traders waited on economic data and policy decisions before selling it down any further. Hikes are expected from the Federal Reserve and European Central Bank next week, but beyond that market pricing implies the Fed will likely stop, before cuts next year, while in Europe another hike probably beckons.  ( 7 min )

Asian shares got off to a subdued start on Monday as markets braced for a raft of Chinese economic data that could well underwhelm, while earnings season picks up steam with Tesla on the docket. The risk of even softer outcomes kept MSCI's broadest index of Asia-Pacific shares outside Japan down 0.2%, though that follows a 5.6% rally last week. Japan's Nikkei was closed for a holiday, though futures were trading near flat.  ( 8 min )

(Bloomberg) -- Right on cue, Tesla Inc. skeptics are pushing back after this year's sizzling $500 billion rally.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tightening Is HereRival automakers pouncing on booming demand for electric  ( 9 min )

Investing student loan money is a legal and moral gray area, which can cause financial challenges.  ( 19 min )

Special financing is a lending option in the auto sales industry that can be offered to borrowers who have issues with their credit history.  ( 18 min )

Personal loan rates dropped back this week to 20.56%, losing 16 basis points since last week when the average personal loan rate sat at 20.72%.  ( 18 min )

Saving for an education can differ from between countries. Here is a comparison of college savings accounts available in the U.S. and Canada.  ( 22 min )

See what today's top nationwide rate is for every CD term, and how it compares to the previous business day's top rate. We collect data from more than 200 financial institutions.  ( 19 min )

The S&P 500 gained 0.4% on Monday, July 17, 2023, ahead of more key corporate earnings set to be released this week.  ( 17 min )

With few homes available for sale, house hunters are driving up prices as they acclimate to higher mortgage rates.  ( 17 min )

Heading into the second half of 2023, the U.S. housing market has yet to see the typical spring and summer boom, as limited inventory and high borrowing costs dampen the market.  ( 18 min )

There are a lot of ETF options, but not all have staying power. Learn what happens when an ETF fails.  ( 18 min )

Find out why the difference between the coupon interest rate on a bond and prevailing market interest rates has a large impact on how bonds are priced.  ( 22 min )

The student loan system is in desperate need of reform as graduates struggle to find work and pay off their student loans. Learn about changes that can help.  ( 24 min )

Shares of First Solar surged on Monday after agreeing to provide solar modules to Israel-based renewable energy firm Energix Renewables.  ( 16 min )

ICE and Black Knight are selling Black Knight's Optimal Blue business to comply with regulatory concerns about ICE's purchase of Black Knight.  ( 16 min )

The easiest way to find out the price of a mutual fund is to look at its net asset value (NAV). For most mutual funds, the NAV is calculated daily.  ( 19 min )

Certificates of deposit (CDs) can be a great financial tool to get a guaranteed return on your investment. Compare Fidelity CD rates and see if they are right for you.  ( 20 min )

Reports that affect the FX market and euro trading include the HICP, economic surveys, and the ECB press releases.  ( 21 min )

Meta Platforms' Threads is under scrutiny from Congressional lawmakers less than two weeks after its launch, amid an ongoing investigation of big tech companies’ policies and practices.  ( 17 min )

Corruption results in inefficiencies in the operations of emerging economies and prevents such economies from reaching the maximum level of development.  ( 23 min )

Gender often plays a role in how car insurance companies determine rates, which can impact transgender and nonbinary people. Learn more about how insurance for this group works.  ( 24 min )

Personal loans and car loans have similarities and differences. Weigh the pros and cons of personal loan versus car loans before buying a new or used car.  ( 23 min )

Activision Blizzard's shares rose more than 3% as Microsoft And Sony agreed to a 10-year Call of Duty deal.  ( 17 min )

Wheat futures jumped after Russia announced it was pulling out of a deal brokered by the United Nations allowing Ukraine to export grain through the Black Sea.  ( 17 min )

Despite economic headwinds, fewer than half of U.S. business leaders expect a recession by the end of the year, JPMorgan Chase reported today in its 2023 Midyear Business Leaders’ Outlook.  ( 17 min )

Learn about three major signals that it may be time to sell your bonds right now, including impending interest rate hikes and bond issuer instability.  ( 20 min )

With an indirect loan, the issuer or holder of the debt doesn't have a direct relationship with the borrower. Instead, a third party issues the loan, with the help of an intermediary.  ( 19 min )

Ford is cutting prices of its electric F-150 Lightning as it benefits from improved production and lower battery costs.  ( 17 min )

U.S. equities were up at midday on Monday, July 17, 2023, ahead of more key earnings reports.  ( 16 min )

An in-depth review of competing business models in the tech industry, including how Apple and Samsung are redefining corporate warfare.  ( 22 min )

The free match-making mobile app makes revenues by charging users for in-app purchases and subscription plans  ( 19 min )

With a minimum deposit and a guaranteed return, certificates of deposit (CDs) can be a viable investment. See what Navy Federal CD rates have to offer.  ( 23 min )

The excess of the 1980s brought about reckless spending and indulgent management for RJR Nabisco, which led to trouble made famous by the book and film "Barbarians at the Gate".  ( 26 min )

If you’re interested in opening a new certificate of deposit (CD) account, Schwab offers a simple brokered CD with attractive rates. Here’s what to know about Schwab CD APYs, terms, and features.  ( 20 min )

Nate Geraci of the ETF Store joins The Express to breakdown Bitcoin's incredible rise this year, and why the biggest asset managers in the world like BlackRock have filed to launch Bitcoin ETFs.  ( 15 min )

30-year mortgage rates have now registered a full week of daily declines, sinking the flagship average more than half a percentage point below the peak notched one week ago.  ( 20 min )

Block's Cash App is a peer-to-peer platform that brings in most of its money by selling Bitcoin to customers.  ( 21 min )

The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 19 min )

Allocated loss adjustment expenses (ALAE) are part of an insurer’s expense reserves that are attributed to the processing of an insurance claim.  ( 18 min )

When does it make sense to buy a guaranteed rather than a non-guaranteed life insurance policy?  ( 20 min )

All-risks coverage is insurance coverage for any incident that an insurance policy doesn’t specifically exclude.  ( 17 min )

An accelerated option in an insurance contract allows the policyholder to withdraw benefits earlier than they would normally be payable.  ( 17 min )

Dealer financing refers to loans originated by a retailer that are sold to a bank or other third-party institutions.  ( 19 min )

A non-admitted balance is an item on an insurer’s balance sheet that represents reinsured liabilities for which the reinsurer has not provided collateral.  ( 18 min )

A lease extension refers to a legal agreement extending the term of an existing lease or rental agreement.  ( 19 min )

A zombie exchange-traded fund (ETF) is generating little interest from new investors and is likely to be shut down by the investment company that issued it.  ( 23 min )

Shares of First Solar surged on Monday after agreeing to provide solar modules to Israel-based renewable energy firm Energix Renewables.  ( 1 min )

ICE and Black Knight are selling Black Knight's Optimal Blue business to comply with regulatory concerns about ICE's purchase of Black Knight.  ( 1 min )

Ford is cutting prices of its electric F-150 Lightning as it benefits from improved production and lower battery costs.  ( 1 min )

Activision Blizzard's shares rose more than 3% as Microsoft And Sony agreed to a 10-year Call of Duty deal.  ( 1 min )

U.S. equities were up at midday on Monday, July 17, 2023, ahead of more key earnings reports.  ( 1 min )

Wheat futures jumped after Russia announced it was pulling out of a deal brokered by the United Nations allowing Ukraine to export grain through the Black Sea.  ( 1 min )

The first Tesla Cybertruck rolled off the production line in Texas and Microsoft reached a deal with Sony that keeps Call of Duty on PlayStation as the company continues to work toward its merger with Activision. Here’s what investors need to know today.  ( 1 min )

Als je deze zomer op vakantie gaat in Italië, kun je bij het bestellen van een pizza zomaar flink duurder uit zijn. Zo zijn basisingrediënten als tomaten en mozzarella flink in prijs gestegen. Ook olijfolie is duurder.  ( 3 min )

Rusland heeft besloten de graandeal met Oekraïne niet te verlengen. Waar bestond die precies uit, waarom is hij geklapt en hoe moet het nu verder? Vijf vragen over de graandeal.  ( 7 min )

Buitenlandse metselaars, stukadoors en dakdekkers kunnen voortaan makkelijker het Verenigd Koninkrijk in komen. De Britten hebben veel te weinig bouwvakkers en versoepelen daarom de regels.  ( 3 min )

Miljoenen e-mails van het Amerikaanse leger zijn door een typefout naar domeinnamen in Mali gestuurd die door een Nederlander werden beheerd. Ook gevoelige informatie werd naar verkeerde adressen gestuurd.  ( 4 min )

Rusland heeft besloten de graandeal met Oekraïne niet te verlengen. Waar bestond die precies uit, waarom is hij geklapt en hoe moet het nu verder? Vijf vragen over de graandeal.  ( 7 min )

Als organisaties voor hun bedrijfsvoering kunstmatige intelligentie en algoritmes gebruiken, moeten ze uitleggen waarom ze dat doen. Daarvoor pleit de Autoriteit Persoonsgegevens.  ( 4 min )

Wie een kapotte VanMoof-fiets heeft en hem wil laten maken, heeft steeds minder opties. De eigen winkels van VanMoof zijn al enkele dagen dicht en nu blijkt dat specifieke onderdelen bij Kwik-Fit ook op zijn.  ( 3 min )

Het kabinet maakt zich zorgen over vertraging bij de vergroening van Tata Steel. Ook de omgevingsdienst die toezicht houdt op de staalfabriek in IJmuiden, vreest dat "een significant aantal risico's" de klimaatplannen van het bedrijf bedreigen.  ( 5 min )

Rusland heeft maandag laten weten dat het land de graandeal voorlopig niet opnieuw wil verlengen. Waarom is dat ook alweer belangrijk voor de rest van de wereld?  ( 4 min )

Rusland heeft maandag laten weten dat het land de graandeal voorlopig niet opnieuw wil verlengen. Waarom is dat ook alweer belangrijk voor de rest van de wereld?  ( 4 min )

Moederbedrijf Meta mag in Noorwegen tijdelijk geen gerichte reclames meer plaatsen op zijn platforms Facebook en Instagram. Volgens de Noorse privacytoezichthouder Datatilsynet gebeurt dat op een illegale manier.  ( 3 min )

Miljoenen e-mails van het Amerikaanse leger zijn door een typefout naar domeinnamen in Mali gestuurd die door een Nederlander werden beheerd. Ook gevoelige informatie werd naar verkeerde adressen gestuurd.  ( 4 min )

Rusland stapt vanaf dinsdag uit de graandeal. Met die afspraak kon de graanexport via de Zwarte Zee doorgaan, wat goed was voor de voedselprijzen. Volgens het Kremlin heeft het besluit niet te maken met het incident op de Krimbrug zondagnacht.  ( 4 min )

Rusland stapt vanaf dinsdag uit de graandeal. Met die afspraak kon de graanexport via de Zwarte Zee doorgaan, wat goed was voor de voedselprijzen. Volgens het Kremlin heeft het besluit niet te maken met het incident op de Krimbrug zondagnacht.  ( 4 min )

Handelaren konden maandagochtend een megawattuur gas kopen voor 24,20 euro. Dat is de laagste prijs sinds september 2021 en minder dan 10 procent van de piekprijs van augustus vorig jaar.  ( 3 min )

Leveranciers van warmtepompen hebben in de eerste zes maanden van dit jaar 85.000 warmtepompen voor woningen verkocht. Dat is een stijging van 80 procent ten opzichte van dezelfde periode vorig jaar.  ( 2 min )

Werkgevers die mensen uit de bijstand aan werk helpen, kunnen daar straks subsidie voor krijgen. Het kabinet stelt 70 miljoen euro ter beschikking om kwetsbare mensen op de arbeidsmarkt te helpen.  ( 3 min )

Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )

Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )

H&M opent in 2025 de deuren in Brazilië. Nergens groeide de omzet van het kledingbedrijf in het afgelopen jaar zo hard als in Zuid-Amerika en de Verenigde Staten.  ( 3 min )

H&M opent in 2025 de deuren in Brazilië. Nergens groeide de omzet van het kledingbedrijf in het afgelopen jaar zo hard als in Zuid-Amerika.  ( 3 min )

TomTom ziet een groeiende verkoop van navigatiesystemen en heeft naar eigen zeggen een sterk eerste half jaar achter de rug. Het bedrijf verhoogt de verwachte omzet voor 2023.  ( 3 min )

Twee jaar geleden stroomde het water door de Zuid-Limburgse straten. Toen was lang niet iedereen uitgebreid verzekerd tegen overstromingen. Nu hebben meer huishoudens en ondernemers dekking, maar nog lang niet iedereen.  ( 7 min )

It’s no secret that the stock market has rallied this year, with year-to-date gains near 17% on the S&P 500 and 35% on the NASDAQ. There’s also talk that this rally could turn into a true bull market, putting investors in an upbeat mood and providing a welcome counterpoint to the widespread belief that the US will see a recession later this year. Watching the market situation from Goldman Sachs, Vice President Deep Mehta sees two paths to take advantage of the current rally: growth and margin ex  ( 10 min )

REITs and real estate mutual funds have their differences, yet they both offer liquidity and easy access to diversified real estate assets.  ( 24 min )

The pact follows agreements at Delta and American that included significant raises for pilots.  ( 27 min )

(Bloomberg) -- Oil fell for a second session as a major Libyan field resumed output after protesters that shut the facility ended their demonstration.Most Read from BloombergDollar’s Busted Bull Run Has Doomsayers Calling End of an EraIsrael Quietly Embeds AI Systems in Deadly Military OperationsUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearOil Surge to $80 Shows Long-Awaited Market Tightening Is HereGlobal benchmark Br  ( 6 min )

A raft of Chinese economic indicators for June - investment, retail sales, industrial production and unemployment - will be released on Monday, as well as the second-quarter GDP report. Activity has slowed, the economy is sliding towards deflation, and investors have shunned China's stocks, bond and currency. China's economic surprises index last week hit a one year-low.  ( 6 min )

Real estate depreciation on rental property can lower your taxable income, but determining it can be complex. Find out how it works and can save you money at tax time.  ( 27 min )

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The Judge appeared to align herself with Coinbase, saying its S-1 may have some legal weight.  ( 8 min )

Second-quarter earnings season continues with reports from Morgan Stanley, Bank of America, Tesla, Goldman Sachs, IBM, Netflix, TSMC, Johnson & Johnson, and Newmont.  ( 27 min )

From plunging car sales to a collapse in Moscow's current-account balance, there's no denying that Russia is suffering severe economic damage.  ( 7 min )

The dominance of the US dollar is slipping — and this global currency fight will determine whether America can stay on top of the world economy.  ( 15 min )

We do know that the outlook for earnings growth in the coming years is bullish. So it wouldn’t be too surprising if stocks end up even higher a year or two from now.  ( 12 min )

After a cooler than expected inflation report sent stocks soaring, investor focus will shift to corporate earnings from the financial and tech sector in the week ahead.  ( 10 min )

We’re in the stock market to generate a profitable return; there’s no other reason to invest in anything, really. That makes the first point any investor needs to consider, the most important question in stock investing, quite simple: Will this stock grow, and produce a return? It’s a situation meant for data analysis, and the Smart Score. The Smart Score is a sophisticated data collection and collation tool, based on an AI algorithm, that scours the markets, gathers the data on thousands of pub  ( 11 min )

The reality TV star shared how she grew her net worth by paying off debt, investing in real estate, and increasing her income.  ( 9 min )

(Bloomberg) -- It just may have been the week that broke the dollar.Most Read from BloombergUS Homeowners Are Tapping $9 Trillion in Real Estate WealthHistory Says It’s Time to Buy Long-Term Bonds as Peak Rates NearTesla Starts Cybertruck Production Two Years Behind ScheduleTop-Ranked Hedge Fund Chief Sees S&P 500 Entering ‘No Man’s Land’BlackRock’s Rieder Says US Doesn’t Have to Fall Into RecessionThe greenback’s worst slump since November has a bevy of strategists and investors saying a turnin  ( 9 min )

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